Im öffentlichen Sektor laufen die Finanzmittel zum Jahresende aus, sodass die Verantwortlichen einen starken Anreiz haben, die verbleibenden Mittel kurz vor Ablauf der Frist ineffizient auszugeben. Die Arten von Ineffizienzen dieses Verhaltens, seine Ursachen und dessen Ausmaß werden erörtert...

Adoption of any budget is perhaps the most important and time-consuming activity of any government. As a modern tool for linking strategic planning and budgeting, performance budgeting is conditio sine qua non for implementation of modern multi-annual budgeting system. Performance budgeting was...

The budgeting, in its most basic form, had been present in practically all kingdoms throughout time. There has been a recorded paper pertaining to the existence of the public purse, auditors, and examiners hired by monarchs to safeguard the imperial money. Lawmakers have a significant role in...