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Fiscal Transparency In Theory And Practice: The Case Of Kosovo

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  • BEDRI PECI

    (FACULTY OF LAW, UNIVERSITY OF PRISTINE,)

Abstract

The aim of this research is to analyze and find out the major issue of fiscal transparency in theory and practice and the case of Kosovo. In this analysis we have used the research method of case study. The results of research show that are given various definitions from different aspects of transparency in general and of fiscal transparency particularly in financial theory. Nowadays, transparency has been made an indicator of the quality of institutions and credibility of modern states. Frequent social and political changes in Kosovo from 1999 until the second half of 2008, and those that followed them have also had their effects on the management of public finances, budgetary procedure and fiscal transparency. With the declaration of independence of Kosovo and the entry into force of the constitution, de jure, the role of parliament in the budgetary procedure was increased. Despite the achieved results, this analysis points out a lot of deficiencies that are necessary to be addressed in order to increase fiscal transparency in Kosovo. Among other things, transparency should be increased by strengthening the role of parliament in the budgetary procedure.

Suggested Citation

  • Bedri Peci, 2016. "Fiscal Transparency In Theory And Practice: The Case Of Kosovo," International Journal of Business and Management, International Institute of Social and Economic Sciences, vol. 4(4), pages 78-91, November.
    • Handle: RePEc:sek:jijobm:v:4:y:2016:i:4:p:78-91
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    References listed on IDEAS

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    More about this item

    Keywords

    Fiscal Transparency; Indexes; Budget procedure; Parliament.;
    All these keywords.

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory

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