Public budgeting in developed and developing countries
Julius A. Nukpezah,
Aisha S. Ahmadu,
Kingsley Ukwandi,
Edmund Poku Adu and
Romeo Abraham
Chapter 8 in Research Handbook on Public Financial Management, 2023, pp 136-153 from Edward Elgar Publishing
Abstract:
Public budgeting has evolved due to the influence of political and economic ideologies, public management theories, citizen participation, government transparency, and accountability requirements. The budget idea has spread globally from Western Europe due to trade relations and colonialism in Africa, America, and Asia. Sound budget systems remain the focal interest of several European countries, including England, Germany, France, and Sweden. However, other non-European developed countries, such as Australia, Canada, New Zealand, and the US, have initiated budget innovations that have had an enduring influence on budgetary systems globally. The reforms aim to restructure the budget process to consider multi-annual fiscal budgets, use performance information in budget decisions, and provide access to budget information for citizens in response to transparency and accountability requirements. Although the interconnectedness of global society makes for the spread of the budget idea, countries differ regarding their level of development. Therefore, a comparative study offers lessons in policy and management for improving global public budgeting practices.
Keywords: Business and Management; Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:
Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781800379718.00019 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:20388_8
Ordering information: This item can be ordered from
http://www.e-elgar.com
Access Statistics for this chapter
More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().