The Current State of Fiscal Transparency : Norms, Assessment, and Country Practices

Over the last 15 years, there has been a growing effort globally to promote fiscal transparency, reflecting both that the public has a right to information, and that transparency contributes to more equitable, efficient, and effective fiscal polici...

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Main Author: Petrie, Murray
Format: Brief
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/184321523258648447/The-current-state-of-fiscal-transparency-norms-assessment-and-country-practices
http://hdl.handle.net/10986/29697
id okr-10986-29697
recordtype oai_dc
spelling okr-10986-296972021-04-23T14:04:54Z The Current State of Fiscal Transparency : Norms, Assessment, and Country Practices Petrie, Murray FISCAL TRANSPARENCY ACCOUNTABILITY PUBLIC FINANCIAL MANAGEMENT PUBLIC EXPENDITURE BUDGET EXECUTION CIVIL SOCIETY CORRUPTION PUBLIC PARTICIPATION ACCOUNTING GOVERNANCE Over the last 15 years, there has been a growing effort globally to promote fiscal transparency, reflecting both that the public has a right to information, and that transparency contributes to more equitable, efficient, and effective fiscal policies. However, the overall state of budget transparency is poor: measured against the Open Budget Index, the national budgets of 77 countries, home to half the world’s population, fail to meet basic standards of budget transparency. Efforts are underway to improve the coherence of the multiplicity of standards, strengthen the assessment of country practices, and to address important gaps in the normative architecture, such as norms for legislative oversight and direct public participation. Many governments could rapidly improve transparency by publishing reports they already produce internally, which points to the need to strengthen incentives for governments to be more transparent. 2018-04-19T18:58:58Z 2018-04-19T18:58:58Z 2013-09 Brief http://documents.worldbank.org/curated/en/184321523258648447/The-current-state-of-fiscal-transparency-norms-assessment-and-country-practices http://hdl.handle.net/10986/29697 English PREM Notes;No. 4 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic FISCAL TRANSPARENCY
ACCOUNTABILITY
PUBLIC FINANCIAL MANAGEMENT
PUBLIC EXPENDITURE
BUDGET EXECUTION
CIVIL SOCIETY
CORRUPTION
PUBLIC PARTICIPATION
ACCOUNTING
GOVERNANCE
spellingShingle FISCAL TRANSPARENCY
ACCOUNTABILITY
PUBLIC FINANCIAL MANAGEMENT
PUBLIC EXPENDITURE
BUDGET EXECUTION
CIVIL SOCIETY
CORRUPTION
PUBLIC PARTICIPATION
ACCOUNTING
GOVERNANCE
Petrie, Murray
The Current State of Fiscal Transparency : Norms, Assessment, and Country Practices
relation PREM Notes;No. 4
description Over the last 15 years, there has been a growing effort globally to promote fiscal transparency, reflecting both that the public has a right to information, and that transparency contributes to more equitable, efficient, and effective fiscal policies. However, the overall state of budget transparency is poor: measured against the Open Budget Index, the national budgets of 77 countries, home to half the world’s population, fail to meet basic standards of budget transparency. Efforts are underway to improve the coherence of the multiplicity of standards, strengthen the assessment of country practices, and to address important gaps in the normative architecture, such as norms for legislative oversight and direct public participation. Many governments could rapidly improve transparency by publishing reports they already produce internally, which points to the need to strengthen incentives for governments to be more transparent.
format Brief
author Petrie, Murray
author_facet Petrie, Murray
author_sort Petrie, Murray
title The Current State of Fiscal Transparency : Norms, Assessment, and Country Practices
title_short The Current State of Fiscal Transparency : Norms, Assessment, and Country Practices
title_full The Current State of Fiscal Transparency : Norms, Assessment, and Country Practices
title_fullStr The Current State of Fiscal Transparency : Norms, Assessment, and Country Practices
title_full_unstemmed The Current State of Fiscal Transparency : Norms, Assessment, and Country Practices
title_sort current state of fiscal transparency : norms, assessment, and country practices
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/184321523258648447/The-current-state-of-fiscal-transparency-norms-assessment-and-country-practices
http://hdl.handle.net/10986/29697
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