IDEAS home Printed from https://ideas.repec.org/a/bal/journl/2256-07422017322.html
   My bibliography  Save this article

Budgetary Safety Passport As A Tool For Improving An Analytical Component Of Ensuring Country'S Budgetary Safety

Author

Listed:
  • Oksana Bolduieva

    (Department of Finance, Banking and Insurance, Zaporizhzhia National University, Ukraine)

  • Olena Bogma

    (Department of Finance, Banking and Insurance, Zaporizhzhia National University, Ukraine)

Abstract

The purpose of the paper is to explore the feasibility of using the budgetary safety passport as a tool for improving the analytical component of ensuring country's budgetary safety and fiscal planning. Methodology. In the research, there are used general scientific methods of learning economic facts and the use of processes in their steady development and correlation: logic analysis, methods of scientific abstraction, induction, deduction, optimization, grouping, economic modelling, comparison, as well as tabular methods. Results. The work identifies the Budgetary Safety Passport as a document that contains information on the quality of budget process and an integrated assessment of the country's budget potential with regard to internal and external threats. The Passport is presented as structured into 15 sections, which are combined into five groups according to their contents: revenue potential of the state budget; core indicators of the state budget; monitoring the state budget performance; forecasting revenue from national taxes and duties; monitoring threats to budgetary safety of the country, and assessing the efficiency of threat prevention and neutralization programs. Practical implications. The article presents a systematization of the main results aimed at the practical application of the suggested Budget Safety Passport. Value/originality. It is concluded that Budget Safety Passport is an illustrative, systemic and fundamentally new tool for comprehensive evaluation of the state and prospects of the country's budgetary system, which allows us to raise the responsibility of government and administrative bodies for the budgetary safety of Ukraine and efficiency of budget performance, improve the quality and accessibility of public information.

Suggested Citation

  • Oksana Bolduieva & Olena Bogma, 2017. "Budgetary Safety Passport As A Tool For Improving An Analytical Component Of Ensuring Country'S Budgetary Safety," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 3(2).
    • Handle: RePEc:bal:journl:2256-0742:2017:3:2:2
    DOI: 10.30525/2256-0742/2017-3-2-12-17
    as

    Download full text from publisher

    File URL: http://www.baltijapublishing.lv/index.php/issue/article/view/169/176
    Download Restriction: no
    File URL: http://www.baltijapublishing.lv/index.php/issue/article/view/169
    Download Restriction: no
    File URL: https://libkey.io/10.30525/2256-0742/2017-3-2-12-17?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Mr. Sanjeev Gupta & Mr. Sami Yläoutinen, 2014. "Budget Institutions in Low-Income Countries: Lessons from G-20," IMF Working Papers 2014/164, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Afonso, António & Huart, Florence & Tovar Jalles, João & Stanek, Piotr, 2022. "Twin deficits revisited: A role for fiscal institutions?," Journal of International Money and Finance, Elsevier, vol. 121(C).
    2. Falilou Fall & Debra Bloch & Jean-Marc Fournier & Peter Hoeller, 2015. "Prudent debt targets and fiscal frameworks," OECD Economic Policy Papers 15, OECD Publishing.
    3. Afonso, António & Jalles, João Tovar, 2020. "Stock flow adjustments in sovereign debt dynamics: The role of fiscal frameworks," International Review of Economics & Finance, Elsevier, vol. 65(C), pages 1-16.
    4. repec:ilo:ilowps:488131 is not listed on IDEAS
    5. António Afonso & João Tovar Jalles, 2019. "Stock flow adjustments in sovereign debt dynamics: the role of fiscal frameworks," EconPol Working Paper 20, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    6. Ms. Corinne C Delechat & Ms. Ejona Fuli & Mrs. Dafina Glaser & Mr. Gustavo Ramirez & Rui Xu, 2015. "Exiting From Fragility in sub-Saharan Africa: The Role of Fiscal Policies and Fiscal Institutions," IMF Working Papers 2015/268, International Monetary Fund.
    7. Corinne Deléchat & Ejona Fuli & Dafina Mulaj & Gustavo Ramirez & Rui Xu, 2018. "Exiting from Fragility in Sub‐Saharan Africa: The Role of Fiscal Policies and Fiscal Institutions," South African Journal of Economics, Economic Society of South Africa, vol. 86(3), pages 271-307, September.
    8. Ray, Nikhil. & Velasquez, Agustin. & Islam, Iyanatul,, 2015. "Fiscal rules, growth and employment : a developing country perspective," ILO Working Papers 994881313402676, International Labour Organization.
    9. Herrero-Alcalde, Ana & Martín-Román, Javier & Tránchez-Martín, José Manuel & Moral-Arce, Ignacio, 2024. "Fiscal rules to the test: The impact of the Spanish expenditure rule," European Journal of Political Economy, Elsevier, vol. 81(C).

    More about this item

    Keywords

    budgetary safety; budget process; budgetary safety passport; threat; budget system;
    All these keywords.

    JEL classification:

    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H69 - Public Economics - - National Budget, Deficit, and Debt - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bal:journl:2256-0742:2017:3:2:2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anita Jankovska (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.