Turkey - Public Expenditure and Institutional Review : Reforming Budgetary Institutions for Effective Government

This Public Expenditure and Institutional Review presents the findings of an analysis of the budget, and institutions of public expenditure management, and accountability, fundamental to policy decisions, and economic management. It builds on extensive analysis undertaken by the Special Ad Hoc Committee on Fiscal Transparency, and Public Finance, and, the review suggests that the current economic crisis is deep-rooted in the institutions of collective decision making in government, confirming that unless fundamental improvements are made to the processes for formulating public policy, allocating resources, and implementing budgets, any economic recovery will almost certainly be fragile, and short-lived. Thus, from the perspectives of system performance, and structural and institutional aspects, an improved budgetary system should enable the government to achieve aggregate fiscal magnitudes, based on expenditures, sustained by tax, and non-tax resources; the budget should generate the adequate information to ensure funding of key policy objectives; and, public accountability should generate incentives to support performance objectives. The report identifies aggregate fiscal management as a major weakness, compromised by the significant growth of off-budget activity, while the weakness of the budget system in terms of ability to support decision-making, is equally pernicious. A series of actions to restore fiscal discipline are outlined for the short-term (2001), and initiatives for a multi-year budget commencing in 2002 are included. Recommendations include strengthening the aggregate fiscal program management capacity; reviving policy formulation capacity, and institutional framework to define budgetary policy; and, initiating budget control devolution, introducing a budget performance approach.

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Bibliographic Details
Main Author: World Bank
Language:English
en_US
Published: Washington, DC 2001-08-20
Subjects:ACCOUNTABILITY, ACCOUNTING, ACCOUNTING STANDARDS, ACCOUNTS, ACCRUAL ACCOUNTING, ALLOCATION OF RESOURCES, ANTI-CORRUPTION, AUDIT REPORTS, AUDITING, AUDITS, BASIC EDUCATION, BUDGET ACCOUNTING, BUDGET ANALYSIS, BUDGET CLASSIFICATION, BUDGET EXECUTION, BUDGET EXPENDITURES, BUDGET FORMULATION, BUDGET IMPLEMENTATION, BUDGET MANAGEMENT, BUDGET PROCESS, BUDGET SYSTEM, BUDGETARY FUNDS, BUDGETARY INSTITUTIONS, BUDGETING, BUREAUCRACY, CENTRAL AGENCIES, CENTRAL GOVERNMENT, CENTRAL GOVERNMENT SPENDING, CERTIFIED PUBLIC ACCOUNTANTS, COLLECTIVE DECISION MAKING, CONSOLIDATED EXPENDITURES, COUNCIL OF MINISTERS, CPI, DEBT, DECISION MAKERS, DECISION MAKING, DECISION- MAKING, DECISION-MAKING, DEFICITS, DEVELOPED COUNTRIES, EBF, ECONOMIC RECOVERY, EMPLOYMENT, EXCHANGE RATE, EXECUTION, EXPENDITURE MANAGEMENT REFORM, EXTRA BUDGETARY FUNDS, FINANCIAL ACCOUNTABILITY, FINANCIAL MANAGEMENT, FINANCIAL REGULATIONS, FINANCIAL SECTOR, FINANCIAL STATISTICS, FINANCIAL SYSTEM, FISCAL, FISCAL CONTROL, FISCAL COSTS, FISCAL DEFICIT, FISCAL DISCIPLINE, FISCAL MANAGEMENT, FISCAL PERFORMANCE, FISCAL PLANS, FISCAL POLICY, FISCAL STANCE, FISCAL TRANSPARENCY, GNP, GOVERNMENT AGENCIES, GOVERNMENT BORROWING, GOVERNMENT ENTITIES, GOVERNMENT EXPENDITURES, GOVERNMENT FINANCE, GOVERNMENT POLICIES, GOVERNMENT SECTOR, INCOME, INFLATION, INSTITUTIONAL ARRANGEMENTS, INSTITUTIONAL STRUCTURE, INTEREST RATES, LOCAL GOVERNMENT, LOCAL GOVERNMENTS, MINISTRY OF FINANCE, POLICY DECISIONS, POLICY MAKERS, PRESIDENCY, PREVENTIVE HEALTH CARE, PROCUREMENT, PUBLIC ACCOUNTABILITY, PUBLIC AGENCIES, PUBLIC EXPENDITURE, PUBLIC EXPENDITURE ANALYSIS, PUBLIC EXPENDITURE MANAGEMENT, PUBLIC EXPENDITURES, PUBLIC FINANCE, PUBLIC FINANCES, PUBLIC FINANCING, PUBLIC INVESTMENT, PUBLIC INVESTMENTS, PUBLIC POLICY, PUBLIC SECTOR, PUBLIC SECTOR BORROWING, PUBLIC SPENDING, PUBLIC WORKS, REPORTING, REPRESENTATIVES, RESOURCE ALLOCATION, RESOURCE USE, SOCIAL SECURITY, STATE PLANNING, TAX, TREASURY, WAGES PUBLIC EXPENDITURES, INSTITUTIONAL CAPACITY, BUDGET REFORM, POLICY FORMATION, ECONOMIC MANAGEMENT, FISCAL ADJUSTMENTS, FISCAL DEFICITS, AGGREGATES, ECONOMIC CRISIS, GOVERNMENT DECISION-MAKING, INSTITUTIONAL MANAGEMENT, BUDGET ADMINISTRATION, PERFORMANCE INDICATORS, INSTITUTIONAL FRAMEWORK, STRUCTURAL APPROACHES, BUDGETARY POLICY, FISCAL CONSOLIDATION, TAXATION, NON-WAGE PAYMENTS TAXATION, INFORMATION MANAGEMENT, CAPACITY BUILDING, PERFORMANCE CRITERIA,
Online Access:http://documents.worldbank.org/curated/en/2001/08/1614785/turkey-public-expenditure-institutional-review-reforming-budgetary-institutions-effective-government
https://hdl.handle.net/10986/15482
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