The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 2/2025. Economics and Management.
Olga I. Timofeeva
Cand. Sci. (Econ.), Senior Researcher at the Center for Monitoring Budget Openness, Financial Research Institute of the Ministry of Finance of the Russian Federation, Associate Professor of the Department of Public Finance, Financial University under the Government of the Russian Federation, Moscow, Russia
ORCID: 0000-0001-9255-4753
ON THE CONCEPT OF BUDGET OPENNESS (TRANSPARENCY)
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Budget openness (transparency) is a new phenomenon in economic science. Currently, standards of budget openness (transparency) have been developed, its measurement is carried out, its impact on other socio-economic indicators or phenomena is determined. At the same time, the concept of “budget openness (transparency)” has not been theoretically developed well enough. The purpose of the article is to develop the theoretical basis of budget openness (transparency) based on clarification of its essential characteristics. For this, the terms that are used to denote budget openness (transparency) are considered, an overview of the definitions of these terms available in the literature is given. A conceptual representation of the idea of “budget openness (transparency)” was formed, and its definition was given. It is concretized and expanded. The author’s vision of the purpose of open budget data is also presented.
Keywords: public finances, management of public finances, budget, openness (transparency) of the budget, openness (transparency) of budget data.
JEL: E62, H00, H30, H61
EDN: LKRVWT
DOI: https://doi.org/10.52180/2073-6487_2025_2_71_92
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Manuscript submission date: 21.02.2025
Manuscript acceptance date: 16.04.2025
For citation:
Timofeeva O.I. On the concept of budget openness (transparency) // Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2025. № 2 Pp. 71-92. (In Russ.). https://doi.org/10.52180/2073-6487_2025_2_71_92 EDN: LKRVWT