Public Participation as an Element of an Effective System of Public Finance Management

Yury V. Belousov ()
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Yury V. Belousov: Financial Research Institute, Moscow, Russia

Finansovyj žhurnal — Financial Journal, 2016, issue 4, 88-96

Abstract: Enhanced public participation in the budget process is seen as an element increasing the efficiency of public finance management in the Russian Federation. The article is a theoretical framework for improving the methodology for monitoring fiscal data transparency in the Russian Federation, performed by the Financial Research Institute commissioned by the Russian Finance Ministry. The article discusses the theoretical issues related to the definition of public finance management, investigates the mechanisms of interaction of public and executive authorities in order to improve the efficiency of budget spending. In addition, the author presents the practical recommendations on the use of corporate financial management experience to the general government sector.

Keywords: efficiency of public financial management; management accounting; public participation; public control; the level of services (search for similar items in EconPapers)
JEL-codes: H61 H68 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:160410:p:88-96

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