New development: A new COFOG for South Korea
Seong-ho Jeong
Public Money & Management, 2018, vol. 38, issue 7, 535-538
Abstract:
The South Korean government's Classification of the Functions of Government (COFOG) is grounded in the System of National Accounts (SNA), rather than Government Finance Statistics (GFS). This article explains why a GFS-based classification might be beneficial to South Korea for the purposes of fiscal management and the comparison of government expenditures with other countries.
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:taf:pubmmg:v:38:y:2018:i:7:p:535-538
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DOI: 10.1080/09540962.2018.1478769
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