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Globalization of Public Budgeting

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Synonyms

Fiscal administration; The act of managing budget processes in the public and nonprofit sectors

Introduction

Around the world, demand for greater transparency in government activities has taken root and blossomed. One hot button, in particular, has become a focal point of discussion in recent years: public budgets. Democratic systems across the globe are faced with the dilemma of making fiscal administration more transparent to the public, and one tool that many local governments, in particular, have found successful is participatory budgeting.

Participatory budgeting (PB) is gaining traction worldwide as a best practice toward the goal of greater accountability in government, as it offers the public sector an opportunity to engage constituents in the budget process. Increasing pressure on democratic governments to be more transparent in their dealings begs the question: If government is a public good, then should not it involve the public? Lerner (2011, p. 35) explains that...

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References

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Correspondence to Angela E. Pool-Funai .

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© 2016 Springer International Publishing AG

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Pool-Funai, A.E. (2016). Globalization of Public Budgeting. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_1178-1

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  • DOI: https://doi.org/10.1007/978-3-319-31816-5_1178-1

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  • Publisher Name: Springer, Cham

  • Online ISBN: 978-3-319-31816-5

  • eBook Packages: Springer Reference Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

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