OECD Journal on Budgeting

Frequency :
Annual
ISSN :
1681-2336 (online)
ISSN :
1608-7143 (print)
DOI :
10.1787/16812336
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The OECD journal on public sector budgeting, published three times per year. It draws on the best of the recent work of the OECD Working Party of Senior Budget Officials (SBO), as well as special contributions from finance ministries, and makes it available to a wider community in an accessible format. The journal provides insight on leading-edge institutional arrangements, systems and instruments for the allocation and management of resources in the public sector. Now published as a part of the OECD Journal subscription package.

Also available in: French
 
 
 

Volume 11, Issue 3 You do not have access to this content

Publication Date :
24 Oct 2011
DOI :
10.1787/budget-v11-3-en

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  24 Oct 2011 Click to Access: 
    http://oecd.metastore.ingenta.com/content/4211051ec003.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/governance/the-fiscal-stimulus-programme-and-public-governance-issues-in-china_budget-11-5kg3nhljqrjl
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The Fiscal Stimulus Programme and Public Governance Issues in China
Christine Wong
China introduced the largest stimulus package in the world in late 2008, in the wake of the global financial crisis. China was also the first major economy in the world to emerge from the crisis. After a brief though sharp downturn in 2008, the Chinese economy recovered and grew by 8.7% in 2009 and by 10.4% in 2010. This article discusses the fiscal stimulus measures adopted in China in terms of their substantive composition, as well as the decision-making processes and implementation mechanisms. It also discusses some of the challenges encountered.
  24 Oct 2011 Click to Access: 
    http://oecd.metastore.ingenta.com/content/4211051ec004.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/governance/the-performance-framework-of-the-australian-government-1987-to-2011_budget-11-5kg3nhlcqdg5
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The Performance Framework of the Australian Government, 1987 to 2011
Keith Mackay
This article analyses the performance frameworks adopted by successive Australian governments since 1987. One highlight was a formal evaluation strategy managed by the Department of Finance to support high-quality policy advice and budget decision making. The replacement of this strategy by a decentralised system of performance indicators is also discussed, together with the quality of government decision making. Lessons for other countries are also highlighted.
  24 Oct 2011 Click to Access: 
    http://oecd.metastore.ingenta.com/content/4211051ec001.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/governance/repairing-the-budget-contract-between-citizens-and-the-state_budget-11-5kg3pdgctc8v
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Repairing the Budget Contract between Citizens and the State
Allen Schick
This article argues that the budget is essentially a contract between citizens and the state, and that the contract is in a great state of disrepair. The ongoing debate and action in OECD countries should focus on post-crisis revenue and expenditure policies in order to repair this contract. The combination of fiscal stress, high expectations and citizen mistrust, however, greatly complicates the task. JEL classification: A130, H500, H600 Keywords: budget as contract, citizen expectations, citizen participation in government, trust in government, sustainable revenue and expenditure policies, accountability
  24 Oct 2011 Click to Access: 
    http://oecd.metastore.ingenta.com/content/4211051ec002.pdf
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/governance/independent-fiscal-institutions-developing-good-practices_budget-11-5kg3pdgcpn42
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Independent Fiscal Institutions: Developing Good Practices
George Kopits
This article presents an overview of independent fiscal institutions in OECD member countries, outlining their principal common features as well as country-specific attributes and functions, and flags the challenges they face in the surveillance of public finances. The case of the short-lived Fiscal Council in Hungary is discussed, with a comparison to the recently established Office for Budget Responsibility in the United Kingdom. The article draws upon the experience accumulated so far to propose internationally accepted good practices in this area. JEL classification: H610, H680 Keywords: surveillance of public finances, independent fiscal institutions, fiscal council, parliamentary budget office, office for budget responsibility, oversight of fiscal policy, Hungary, United Kingdom
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