Making Performance Budgeting Reform Work : A Case Study of Korea
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 draw...
| Main Authors: | , |
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2013/02/17211503/making-performance-budgeting-reform-work-case-study-korea http://hdl.handle.net/10986/13164 |
| Summary: | 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. |
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