Legislatures and Budget Oversight in Latin America Strengthening Public Finance Accountability in Emerging Economies
Legislatures and Budget Oversight in Latin America: Strengthening Public Finance Accountability in Emerging Economies

Reforming budgetary institutions for effective government is a critical task for emerging economies. Strengthening the role of parliament in the budget process is an integral part of the restoration of democracy throughout Latin America, which requires a re-equilibration of executive and legislative...

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Bibliographische Detailangaben
1. Verfasser: Santiso, Carlos (VerfasserIn)
Format: Elektronisch Buchkapitel
Sprache:English
Veröffentlicht: Paris OECD Publishing 2006
Schlagworte:
Governance
Online-Zugang:DE-384
DE-473
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DE-29
DE-739
DE-355
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DE-1028
DE-1049
DE-521
DE-861
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DE-92
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Volltext
Zusammenfassung:Reforming budgetary institutions for effective government is a critical task for emerging economies. Strengthening the role of parliament in the budget process is an integral part of the restoration of democracy throughout Latin America, which requires a re-equilibration of executive and legislative prerogatives in public policy. The role of legislatures in public budgeting and public finance management has nevertheless been largely overlooked in the first stage of economic reform. This is starting to change, as the contribution of legislatures to the budgetary process is currently being re-evaluated, both in developed and, more recently, in developing countries.1 It is increasingly being recognised that parliaments have a critical role to play to strengthen economic governance, improve transparency in public finances and ensure government accountability. Enhancing legislative scrutiny of the budget and oversight of its execution is increasingly considered as a means to strengthen government accountability and curb corruption (OECD, 2002; G8, 2003).2 The international financial institutions are particularly keen to promote greater transparency in public finance management and to improve governmental financial information systems in emerging economies...
Beschreibung:1 Online-Ressource (31 Seiten)
DOI:10.1787/budget-v4-art9-en

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