Budget Transparency and Fiscal Performance: Does Transparency Matter? Cover Image

Budget Transparency and Fiscal Performance: Does Transparency Matter?
Budget Transparency and Fiscal Performance: Does Transparency Matter?

Author(s): Jakub Haas, Lucie SEDMIHRADSKÁ
Subject(s): Economic policy, Public Finances, Fiscal Politics / Budgeting
Published by: Masarykova univerzita
Keywords: Budget transparency; fiscal performance; Open Budget Index;
Summary/Abstract: Existing published research of the relationship between budget transparency and fiscal performance confirms the expectations that higher budget transparency is associated with smaller budget deficits and lower public debt. However, our previous research did not bring such clear results and raised a fundamental question: Why should greater transparency improve fiscal performance? The objective of the proposed paper is to evaluate the relationship between budget transparency and fiscal performance.