Reforming the Budgeting Process in China

Despite many reforms implemented in China's public financial management over the past ten years, China's public budget still exhibits a glaring lack of accountability, most evident in the gap between the adopted budget and the final budget. This article examines the role played by public b...

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Main Author: Deng, Shulian
Other Authors: Peng, Jun
Format: eBook
Language:English
Published: Paris OECD Publishing 2011
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Collection: OECD Books and Papers - Collection details see MPG.ReNa
Summary:Despite many reforms implemented in China's public financial management over the past ten years, China's public budget still exhibits a glaring lack of accountability, most evident in the gap between the adopted budget and the final budget. This article examines the role played by public budgeting in ensuring good governance, and establishes a framework for how the legislature ensures accountability in the public budgeting process. The existing problems in the Chinese public budgeting process are analysed, and suggestions are made for reforming the budgeting process based on the outlined framework
Physical Description:15 p. 21 x 28cm