Budgetary reforms in two city states

Impact on the central budget agency in Hong Kong and Singapore

Datos Bibliográficos

ID9962007
AutoresAnthony B L Cheung (City University of Hong Kong, autor de correspondencia)
Año2006
Volumen72
Número3
Páginas341-361
Fecha de publicación2006-09-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaInternational Review of Administrative Sciences (JOURNAL)
Identificadores de la revistaISSN: 0020-8523 • E-ISSN: 1461-7226
EditorialSAGE Publications (PUBLISHER • US)
DOI10.1177/0020852306068013
OpenAlexW1986729454
IdiomaEN
Citas recibidas6
Referencias citadas18

This article compares budgetary reforms in Singapore and Hong Kong. Despite similar reform measures being undertaken in line with the global reform trends under new public management, it is found that such reforms per se have not fundamentally altered the institutional configuration of the respective budgetary regimes. While greater financial autonomy and flexibility have been given to departments and ministries, resulting in the central budget agency (CBA) surrendering micro-budgetary control, the latter continues to play a strategic macro-budgetary role at the governmental level. Neither have budgetary relationships moved towards control by performance as implied by the ‘budgeting for results’ objective. Despite their commonalities, Hong Kong has lately displayed a weaker CBA than Singapore, largely due to extra-budgetary factors rooted in their different governance and institutional contexts

Agency (philosophy · Autonomy · Budgetary policy · Business · Control (management · Corporate governance · Economic policy · Economics · Flexibility (engineering · Macroeconomics · Management · Political science · Public finance · Sociology · Accounting · Finance · Fiscal Policies and Political Economy · Local Government Finance and Decentralization · Public Administration · Public Policy and Administration Research