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Subject: budget transparency, Western Balkans, open budget index


Year: 2015


Type: Journal Article



Title: Open and transparent budget process in Western Balkan Countries


Author: Nikolov, Marjan
Author: Trenovski, Borce
Author: 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.


Publisher: Center for Economic Analyses


Relation: CEA Journal of Economics



Identifier: oai:repository.ukim.mk:20.500.12188/4754
Identifier: Nikolov, M., Trenovski, B. and Dimovska, G., 2015. Open and transparent budget process in Western Balkan Countries. CEA Journal of Economics, 10(1).
Identifier: http://hdl.handle.net/20.500.12188/4754
Identifier: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2725317



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Open and transparent budget process in Western Balkan Countries201521