Template-Type: ReDIF-Article 1.0
Author-Name: Yury V. Belousov
Author-Email: belousov@nifi.ru
Author-Workplace-Name: Financial Research Institute, Moscow, Russia
Title: Public Participation as an Element of an Effective System of Public Finance Management
Abstract: Enhanced public participation in the budget process is seen as an element increasing the efficiency of public finance management in the Russian Federation. The article is a theoretical framework for improving the methodology for monitoring fiscal data transparency in the Russian Federation, performed by the Financial Research Institute commissioned by the Russian Finance Ministry. The article discusses the theoretical issues related to the definition of public finance management, investigates the mechanisms of interaction of public and executive authorities in order to improve the efficiency of budget spending. In addition, the author presents the practical recommendations on the use of corporate financial management experience to the general government sector.
Classification-JEL: H61, H68
Keywords: efficiency of public financial management, management accounting, public participation, public control, the level of services
Journal: Finansovyj žhurnal — Financial Journal
Pages: 88-96
Issue: 4
Year: 2016
Month: August
File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2016/4/statyi_4/fm_2016_4_10.pdf
File-Format: Application/pdf
Handle: RePEc:fru:finjrn:160410:p:88-96