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budget process

Meet your new friend, the finance minister

Philipp Krause's picture

Finance on scrabble board with buildings superimposed on it.King James had it right early on. “All Treasurers, if they do good service to their masters, must be generally hated”, he remarked after he couldn’t protect his own treasurer Lionel Cranfield from being thrown into the Tower of London in chains. Cranfield had made too many powerful enemies by opposing an expensive war the treasury couldn’t afford. His many successors through the ages can probably relate without too much difficulty.

Public Participation in the Budget Process in the Republic of Korea

Young Kyu Kang's picture

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?

Transparency and accountability: Bringing the politics back in

Alina Rocha Menocal's picture

Over the past two decades, citizen-led initiatives to hold power holders to account have taken the world by storm. The promise embedded in such efforts – that more enlightened and engaged citizens demanding greater accountability around issues that they care about can have a decisive impact in improving development effectiveness, the quality of (democratic) governance and the nature of state-society relations – has led to a mushrooming of transparency and accountability initiatives (TAIs). TAIs operating at the domestic, regional and/or international levels now cover a plethora of issues ranging from corruption, access to information, and budget processes, to natural resource management, service delivery, and aid