Budgeting and public expenditures

The Legal Framework for Budget Systems: An International Comparison



Special Issue  of the OECD Journal on Budgeting, Volume 4, Number 3.

The legal basis for budget processes and budget actors varies enormously across OECD countries. For example, the United States has a dozen major laws to support federal government budget processes, while Denmark and Norway have never adopted any such law. To understand this situation, this book compares legal frameworks for budgeting in 13 selected OECD countries: Canada, Denmark, Finland, France, Germany, Japan, Korea, New Zealand, Norway, Spain, Sweden, United Kingdom, United States.

The book presents detailed case studies of national budget system laws and identifies why the legal frameworks differ so much. The book also looks at theories of public finance and constitutional political economics, and discusses norms for an optimum legal framework. With a focus on similarities and differences in formal laws (constitutions and statutes relating to the budget system), the comparative analysis will be useful for any government planning to reform its budget laws.


Related Documents