Making Performance Budgeting Reform Work : A Case Study of Korea

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.

Bibliographic Details

Main Authors:	Park, Nowook, Choi, Jae-Young
Language:	English en_US
Published:	World Bank, Washington, DC 2013-02
Subjects:	ACCOUNTABILITY, ACCOUNTING, ADMINISTRATIVE COSTS, ASYMMETRIC INFORMATION, AUTONOMY, BANK POLICY, BEST PRACTICES, BUDGET ALLOCATION, BUDGET CONSTRAINTS, BUREAUCRACY, BUREAUCRATS, BUYERS, CAPACITY BUILDING, CAPACITY-BUILDING, CHANGE MANAGEMENT, CIVIL SERVICE, CONSOLIDATION, CONSULTING SERVICES, CUSTOMIZATION, DEBT, DECISION MAKERS, DECISION MAKING, DECISIONMAKING, DEVELOPING COUNTRIES, DEVELOPMENT BANK, ECONOMIC COOPERATION, ECONOMIC DEVELOPMENT, EMERGING ECONOMIES, EMPLOYMENT, EVALUATION CAPACITY, EXPENDITURE, FINANCIAL CRISES, FINANCIAL CRISIS, FINANCIAL INFORMATION, FINANCIAL MANAGEMENT, FINANCIAL MANAGEMENT SYSTEM, FINANCIAL REFORM, FUND MANAGEMENT, GOVERNMENT DEBT, GOVERNMENT OFFICES, GOVERNMENT REFORM, GOVERNMENT SPENDING, GOVERNMENT SUBSIDY, IMPLEMENTATION PROCESS, IMPLEMENTATION STRATEGY, INCOME, INNOVATIONS, INSPECTION, INTERNAL COMMUNICATIONS, INTERNATIONAL BANK, KNOWLEDGE SHARING, LAWS, LEGAL BASIS, LEGISLATION, LOCAL FINANCE, MANAGEMENT DECISIONS, MANAGEMENT SYSTEMS, MANAGERS, NATIONAL FINANCE, NETWORKS, OPEN ACCESS, OPERATING COSTS, ORGANIZATIONAL RESTRUCTURING, ORGANIZATIONAL STRUCTURES, ORGANIZATIONAL UNITS, PB, PERFORMANCE BUDGETING, PERFORMANCE EVALUATION, PERFORMANCE INDICATORS, PERFORMANCE MANAGEMENT, PHONE, PILOT PROJECT, POLICY GOALS, POLITICAL ECONOMY, PORTFOLIO, PORTFOLIOS, PRIVATE SECTOR, PROBABILITY, PROGRAM EFFECTIVENESS, PROGRAM EVALUATION, PROGRAM MANAGEMENT, PROGRAM PLANNING, PROGRAMS, PUBLIC FINANCE, REFORM PROCESS, REFORM STRATEGIES, REFORMS, REORGANIZATION, RESOURCE ALLOCATION, RESULT, RESULTS, RETURN, SERVICE DELIVERY, SERVICE PROVIDER, TARGETS, TECHNICAL ASSISTANCE, TECHNICAL ISSUES, TRAINING PROGRAMS, TRUST FUND, TURNOVER, USER, USER FEEDBACK, USERS, WEB, WITHDRAWAL,
Online Access:	http://documents.worldbank.org/curated/en/2013/02/17211503/making-performance-budgeting-reform-work-case-study-korea https://hdl.handle.net/10986/13164
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