Reforming the Public Expenditure System in Korea:
Although Korea has the second-lowest level of public spending among OECD countries at 22½ per cent of GDP, it faces strong upward spending pressures over the medium and longer term, which could threaten fiscal sustainability. This paper analyses the main features of Korea's public expenditure s...
Gespeichert in:
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2003
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| Schriftenreihe: | OECD Economics Department Working Papers
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Although Korea has the second-lowest level of public spending among OECD countries at 22½ per cent of GDP, it faces strong upward spending pressures over the medium and longer term, which could threaten fiscal sustainability. This paper analyses the main features of Korea's public expenditure system and reviews expenditure trends and the main forces behind them. The objective is to identify the major shortcomings in budget planning, management and control systems that have impeded better public sector performance. The paper concludes by proposing policy measures to enhance the effectiveness, efficiency and transparency of the public expenditure management system. These include managing public finance within a medium-term expenditure framework; making the budgetary system more comprehensive and transparent by consolidating special accounts and public funds and bringing extra-budgetary funds into the budget; introducing more flexible and results-focused public management to improve ... |
| Beschreibung: | 1 Online-Ressource (42 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/866056726747 |
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| index_date | 2024-07-03T19:35:06Z |
| indexdate | 2024-12-18T19:04:37Z |
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| language | English |
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| spelling | Nam, Young-Sook Verfasser aut Reforming the Public Expenditure System in Korea Young-Sook Nam and Randall S. Jones = Réformer le système de dépenses publiques / Young-Sook Nam et Randall S. Jones Réformer le système de dépenses publiques Paris OECD Publishing 2003 1 Online-Ressource (42 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers Although Korea has the second-lowest level of public spending among OECD countries at 22½ per cent of GDP, it faces strong upward spending pressures over the medium and longer term, which could threaten fiscal sustainability. This paper analyses the main features of Korea's public expenditure system and reviews expenditure trends and the main forces behind them. The objective is to identify the major shortcomings in budget planning, management and control systems that have impeded better public sector performance. The paper concludes by proposing policy measures to enhance the effectiveness, efficiency and transparency of the public expenditure management system. These include managing public finance within a medium-term expenditure framework; making the budgetary system more comprehensive and transparent by consolidating special accounts and public funds and bringing extra-budgetary funds into the budget; introducing more flexible and results-focused public management to improve ... Economics Korea, Republic of Jones, Randall S... ctb https://doi.org/10.1787/866056726747 Verlag kostenfrei Volltext |
| spellingShingle | Nam, Young-Sook Reforming the Public Expenditure System in Korea Economics Korea, Republic of |
| title | Reforming the Public Expenditure System in Korea |
| title_alt | Réformer le système de dépenses publiques |
| title_auth | Reforming the Public Expenditure System in Korea |
| title_exact_search | Reforming the Public Expenditure System in Korea |
| title_exact_search_txtP | Reforming the Public Expenditure System in Korea |
| title_full | Reforming the Public Expenditure System in Korea Young-Sook Nam and Randall S. Jones = Réformer le système de dépenses publiques / Young-Sook Nam et Randall S. Jones |
| title_fullStr | Reforming the Public Expenditure System in Korea Young-Sook Nam and Randall S. Jones = Réformer le système de dépenses publiques / Young-Sook Nam et Randall S. Jones |
| title_full_unstemmed | Reforming the Public Expenditure System in Korea Young-Sook Nam and Randall S. Jones = Réformer le système de dépenses publiques / Young-Sook Nam et Randall S. Jones |
| title_short | Reforming the Public Expenditure System in Korea |
| title_sort | reforming the public expenditure system in korea |
| topic | Economics Korea, Republic of |
| topic_facet | Economics Korea, Republic of |
| url | https://doi.org/10.1787/866056726747 |
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