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Making performance budgeting reform work : a case study of Korea

Author

Listed:
  • Park, Nowook
  • Choi, Jae-Young

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.

Suggested Citation

  • Park, Nowook & Choi, Jae-Young, 2013. "Making performance budgeting reform work : a case study of Korea," Policy Research Working Paper Series 6353, The World Bank.
  • Handle: RePEc:wbk:wbrwps:6353
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    References listed on IDEAS

    as
    1. Choi, Jae-Young & Park, Nowook, 2013. "Achieving medium term expenditure framework reform : a case study of Korea," Policy Research Working Paper Series 6342, The World Bank.
    2. Teresa Curristine, 2003. "Performance Information in the Budget Process: Results of the OECD 2005 Questionnaire," OECD Journal on Budgeting, OECD Publishing, vol. 5(2), pages 87-131.
    Full references (including those not matched with items on IDEAS)

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