Korea is experiencing substantial changes in its fiscal environment due to population aging and low growth. Maintaining fiscal sustainability in spite of unfavorable changes requires various institutional adjustments. Main pillar of this study in seeking for solution is fiscal accountability.
The concept of accountability, in short, is the obligation of public officials to inform about and to explain what they doing, This could be an useful tool for checking rationality in fiscal decision, since being able to explain what has been done could be an useful barometer for the fact that the best possible decision has been made. (The rest omitted)
재정책무성 강화를 통한 재정건전성 제고방안
세종 : 한국개발연구원
|Series Title; No||연구보고서 / 2016-07|
|Subject Country||South Korea(Asia and Pacific)|
|Subject||Economy < Financial Policy|