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International Experience and Inspiration for Budget Performance Objective Management

Received: 9 April 2023     Accepted: 27 June 2023     Published: 11 July 2023
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Abstract

Since the new era, the Party Central Committee has put forward specific requirements for the construction and perfection of the modern budget system. The comprehensive implementation of budget performance management is an important part of improving the modern budget system, and the strengthening of budget performance target management is the key point and important starting point of the comprehensive implementation of budget performance management. In terms of financial practice, the management of budget performance target has got some achievements, but there are still some problems. Therefore, to further strengthen the budget performance management and consolidate the foundation for the comprehensive implementation of budget performance management has become an important issue faced by our country's financial reform in the new period. The purpose of this study is to improve the quality of budget performance management in the new era, improve the budget performance management mode, and accelerate the improvement of modern budget system. This paper adopts literature analysis and comparative analysis, systematically combs the reform experience of typical national budget performance objective management, and combines with China's financial practice, puts forward the reform inspiration of budget performance objective management system suitable for China's national conditions: First, promote the development of laws and regulations and form a system conducive to the management of budget performance targets. Second, gradually form a sound performance target evaluation system, and promote budget performance target management. Third, improving budget performance and target management must be coordinated with medium-term fiscal planning. Finally, further improve the supporting mechanism related to budget performance target management.

Published in International Journal of Economics, Finance and Management Sciences (Volume 11, Issue 4)
DOI 10.11648/j.ijefm.20231104.11
Page(s) 177-182
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2023. Published by Science Publishing Group

Keywords

Budget Performance Objective Management, Typical Country, Enlightenment

References
[1] Research Group of "Performance Budgeting", Institute of Fiscal Science, Ministry of Finance. American government performance evaluation system [M]. Economic Management Press, 2004.
[2] Li Hui. Performance budgeting reform in Britain and its enlightenment [J]. Economic guide, 2008 (05): 44-46.
[3] Ma Haitao, Cao Tangzhe, Wang Hongmei. Theory and practice of budget performance management [M]. China Finance and Economics Press, 2020.
[4] Bai Yujin. Application of SMART objective management in Budget performance management [J]. Financial supervision, 2022 (12): 50-53.
[5] Chen Kai, Xiao Peng. International comparison and Inspiration of Budget performance Objective Management: A research perspective based on goal setting Theory [J]. Economic research reference, 2019 (12): 68-78.
[6] Chao Yuxin, Jiang Yinling. The characteristics and prospects of Chinese budget performance management research -- visualization analysis based on literature metrology [J]. Journal of Shandong University of Finance and Economics, 2022, 34 (02): 81-91.
[7] Guo Jiang. An analysis on the Application of Budget performance evaluation Results -- Based on the analysis of policy text [J]. Fiscal science, 2022 (07): 137-147.
[8] He Wensheng, He Renxing. How does the grassroots government drive the budget performance management reform? -- Qualitative comparative analysis based on 38 county-level governments [J]. Journal of Central University of Finance and Economics, 2023 (04): 27-37.
[9] Chen Zhibin. Australian government performance budget management and reference [J]. Chinese finance, 2012 (09): 71-73.
[10] Jing Hongjun, Wang Yue. Research on Budget Performance Reevaluation and its Index System [J]. Fiscal science, 2022 (04): 19-31.
[11] Li Yan, Wang Jiawen. Analysis and mechanism optimization of budget performance management accountability elements [J]. Journal of Central University of Finance and Economics, 2022 (01): 11-21.
[12] Li Jiapeng, Wang Hongmei. Influencing Factors and Path Selection of local government budget performance Management reform: Based on qualitative comparative analysis of 31 provincial governments [J]. Fiscal research, 2022 (08): 114-128.
[13] Ma Caichen, Zhao Di. Research on Budget Performance Management Reform based on Government Financial Report Information [J]. Public finance research, 2022 (05): 4-14.
[14] Wang Jia. Collaborative mechanism and realization mechanism of total budget performance management [J]. Local finance study, 2022 (05): 76-83.
[15] Wang Haitao. Chinese budget performance management reform research [D]. Institute of Fiscal Science, Ministry of Finance, 2014.
Cite This Article
  • APA Style

    Xiao Wang, Ke Gao. (2023). International Experience and Inspiration for Budget Performance Objective Management. International Journal of Economics, Finance and Management Sciences, 11(4), 177-182. https://doi.org/10.11648/j.ijefm.20231104.11

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    ACS Style

    Xiao Wang; Ke Gao. International Experience and Inspiration for Budget Performance Objective Management. Int. J. Econ. Finance Manag. Sci. 2023, 11(4), 177-182. doi: 10.11648/j.ijefm.20231104.11

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    AMA Style

    Xiao Wang, Ke Gao. International Experience and Inspiration for Budget Performance Objective Management. Int J Econ Finance Manag Sci. 2023;11(4):177-182. doi: 10.11648/j.ijefm.20231104.11

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  • @article{10.11648/j.ijefm.20231104.11,
      author = {Xiao Wang and Ke Gao},
      title = {International Experience and Inspiration for Budget Performance Objective Management},
      journal = {International Journal of Economics, Finance and Management Sciences},
      volume = {11},
      number = {4},
      pages = {177-182},
      doi = {10.11648/j.ijefm.20231104.11},
      url = {https://doi.org/10.11648/j.ijefm.20231104.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20231104.11},
      abstract = {Since the new era, the Party Central Committee has put forward specific requirements for the construction and perfection of the modern budget system. The comprehensive implementation of budget performance management is an important part of improving the modern budget system, and the strengthening of budget performance target management is the key point and important starting point of the comprehensive implementation of budget performance management. In terms of financial practice, the management of budget performance target has got some achievements, but there are still some problems. Therefore, to further strengthen the budget performance management and consolidate the foundation for the comprehensive implementation of budget performance management has become an important issue faced by our country's financial reform in the new period. The purpose of this study is to improve the quality of budget performance management in the new era, improve the budget performance management mode, and accelerate the improvement of modern budget system. This paper adopts literature analysis and comparative analysis, systematically combs the reform experience of typical national budget performance objective management, and combines with China's financial practice, puts forward the reform inspiration of budget performance objective management system suitable for China's national conditions: First, promote the development of laws and regulations and form a system conducive to the management of budget performance targets. Second, gradually form a sound performance target evaluation system, and promote budget performance target management. Third, improving budget performance and target management must be coordinated with medium-term fiscal planning. Finally, further improve the supporting mechanism related to budget performance target management.},
     year = {2023}
    }
    

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  • TY  - JOUR
    T1  - International Experience and Inspiration for Budget Performance Objective Management
    AU  - Xiao Wang
    AU  - Ke Gao
    Y1  - 2023/07/11
    PY  - 2023
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    DO  - 10.11648/j.ijefm.20231104.11
    T2  - International Journal of Economics, Finance and Management Sciences
    JF  - International Journal of Economics, Finance and Management Sciences
    JO  - International Journal of Economics, Finance and Management Sciences
    SP  - 177
    EP  - 182
    PB  - Science Publishing Group
    SN  - 2326-9561
    UR  - https://doi.org/10.11648/j.ijefm.20231104.11
    AB  - Since the new era, the Party Central Committee has put forward specific requirements for the construction and perfection of the modern budget system. The comprehensive implementation of budget performance management is an important part of improving the modern budget system, and the strengthening of budget performance target management is the key point and important starting point of the comprehensive implementation of budget performance management. In terms of financial practice, the management of budget performance target has got some achievements, but there are still some problems. Therefore, to further strengthen the budget performance management and consolidate the foundation for the comprehensive implementation of budget performance management has become an important issue faced by our country's financial reform in the new period. The purpose of this study is to improve the quality of budget performance management in the new era, improve the budget performance management mode, and accelerate the improvement of modern budget system. This paper adopts literature analysis and comparative analysis, systematically combs the reform experience of typical national budget performance objective management, and combines with China's financial practice, puts forward the reform inspiration of budget performance objective management system suitable for China's national conditions: First, promote the development of laws and regulations and form a system conducive to the management of budget performance targets. Second, gradually form a sound performance target evaluation system, and promote budget performance target management. Third, improving budget performance and target management must be coordinated with medium-term fiscal planning. Finally, further improve the supporting mechanism related to budget performance target management.
    VL  - 11
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    ER  - 

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Author Information
  • School of Big Data Application and Economics, Guizhou University of Finance and Economics, Guiyang, China

  • Development Research Center of Shandong Provincial People's Government, Jinan, China

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