콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Economy Economic Administration
Government and Law Public Administration

Print

Making performance budgeting reform work : A case study of Korea

Related Document
Frame of Image
  • Making performance budgeting reform work
  • Park, Nowook; Choi, Jae-Young
  • The World Bank


link
Title Making performance budgeting reform work
Similar Titles
Sub Title

A case study of Korea

Material Type Reports
Author(English)

Park, Nowook; Choi, Jae-Young

Publisher

[Washington, D.C.]:The World Bank

Date 2013-02
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Administration
Government and Law < Public Administration
Holding The World Bank

Abstract

Performance budgeting is considered one of the essential elements of public financial management reform and has been adopted in many countries. However, it continues to present a significant challenge within the budget process. This case study draws from change management theories to tell the inside story of performance budgeting reform in the Republic of Korea, including the background of the reform, the formation of the reform team, and how the team overcame resistance among stakeholders to implement and institutionalize the performance budgeting system. Policy implications include the importance of (1) strong support from top decision makers and (2) customization of the performance budgeting system to accommodate a country’s cultural and socio-economic characteristics.
The Korean case also demonstrates that stable, sustainable performance budgeting reform requires capacity building of relevant stakeholders and, sometimes, significant restructuring of organizations to accommodate the new systems.