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Performance budgeting in the Republic of Korea (English)

In 2003, the Korean government introduced a broad package of public financial management reforms, which succeeded in integrating performance management into the budget process. The experience of performance budgeting reforms in Korea underscores the importance of: 1) strong support from top decision makers; 2) customization of performance budgeting system to accommodate the country's cultural and socioeconomic characteristics; and 3) organizational...
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Park, Nowook.

Performance budgeting in the Republic of Korea (English). PREM Notes|no. 28. Special series on The Nuts and Bolts of M&E Systems Washington DC ; World Bank Group. http://documents.worldbank.org/curated/en/658741468263944753

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