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Open and transparent budget process in Western Balkan countries

Author

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  • Nikolov, Marjan
  • Trenovski, Borce
  • Dimovska, Gabriela

Abstract

Budget openness and transparency are key elements of the effective management of public finances, determining the fiscal risks, rational financial decision-making, increasing accountability by policy makers and improving fiscal policies. It is difficult to define budget transparency, and also its measurement is an exceptional challenge. This is because different researchers / institutions use different ways (mostly questionnaires or surveys) to measure the fiscal transparency. Our research is mainly focused on elaborating the openness of budget processes in Western Balkan countries (as a specific group of countries consisted of: Albania, Bosnia and Herzegovina, Montenegro, Macedonia, Kosovo and Serbia) dominantly based on a globally accepted methodology designed by Open Budget Partnership (Open Budget Index and Open Budget Survey Tracker), and partly on our own analysis.

Suggested Citation

  • Nikolov, Marjan & Trenovski, Borce & Dimovska, Gabriela, 2015. "Open and transparent budget process in Western Balkan countries," MPRA Paper 76299, University Library of Munich, Germany, revised 2015.
    • Handle: RePEc:pra:mprapa:76299
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    Cited by:

    1. Trenovski, Borce, 2014. "Monitoring Report on the Transparency and Accountability of The Budget Users," MPRA Paper 76819, University Library of Munich, Germany, revised 2014.
    2. Trenovski Borce & Marjan Nikolov, 2015. "Cost-Benefit Analysis Of Performance Based Budgeting Implementation," Journal Articles, Center For Economic Analyses, pages 5-44, December.

    More about this item

    Keywords

    budget transparency; Western Balkans; open budget index;
    All these keywords.

    JEL classification:

    • H1 - Public Economics - - Structure and Scope of Government
    • H6 - Public Economics - - National Budget, Deficit, and Debt
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures

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