Performance Budgeting in Korea

John M. Kim and Nowook Park

OECD Journal on Budgeting, 2008, vol. 7, issue 4, 1-11

Abstract: Korea is in the initial stages of implementing performance-based budgeting. The system was introduced as part of a comprehensive fiscal reform package in the late 1990s. This article discusses the background, framework and implementation of performance budgeting and its impact in the budget process.

Date: 2008
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