Public Participation in the Budget Process in the Republic of Korea
A recently released Open Budget Survey conducted by the International Budget Partnership (IBP) ranked the Republic of Korea as the top performer in public participation in the budget process. With a score of 92, Korea rose to the top as the only country “that provides extensive opportunities for public participation” (IBP 2012). Of 100 countries surveyed, the average score for public participation in the budget process was 19 out of 100. IBP found that in many countries there are limited, if any, opportunities provided to the public for engagement in the budget process. So what is it about Korea that makes it an exception?
- Tags:
- public participation
- budget process
- medium-term expenditure framework
- public financial reporting
- Public Financial Management
- Public Sector and Governance
- Governance
- East Asia and Pacific
- Korea, Republic of
- Fiscal transparency
- open government & transparency
- performance drivers
- Governance & Public Sector Management
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