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Participatory Budgeting as a Tool Contributing to the Achievement of the Sustainable Development Goals

Author

Listed:
  • Tatiana I. Vinogradova

    (St. Petersburg University of Management Technologies and Economics, Saint Petersburg 190103, Russian Federation)

Abstract

The paper investigates the participatory budgeting phenomenon in how it may accelerate many of the Sustainable Development Goals (SDGs) and support governments in reaching targets of the 2030 Agenda. The article analyzes the links between public participation in the budget process and sustainable development, illustrates the difference between participatory budgeting and other forms of public participation, and highlights the main effects of participatory budgeting. Results emerged from the analysis are that participatory budgeting as an adaptive mechanism can be integrated into the national objectives for the localization of the 2030 Agenda; that as a small-scale tool it can become a mechanism for testing numerous innovative approaches to public services provision; and that the “sustainable community creation” effect is the most important contribution to the Sustainable Development Goals.

Suggested Citation

  • Tatiana I. Vinogradova, 2021. "Participatory Budgeting as a Tool Contributing to the Achievement of the Sustainable Development Goals," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 2, pages 46-60, April.
    • Handle: RePEc:fru:finjrn:210203:p:46-60
    DOI: 10.31107/2075-1990-2021-2-46-60
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    References listed on IDEAS

    as
    1. World Bank, 2008. "Brazil : Toward a More Inclusive and Effective Participatory Budget in Porto Alegre, Volume 2. Annexes," World Bank Publications - Reports 8040, The World Bank Group.
    2. Shulga,Ivan & Shilov,Lev & Sukhova,Anna & Pojarski,Peter Ivanov, 2019. "Can Local Participatory Programs Enhance Public Confidence : Insights from the Local Initiatives Support Program in Russia," Social Protection Discussion Papers and Notes 137448, The World Bank.
    3. World Bank, 2008. "Brazil : Toward a More Inclusive and Effective Participatory Budget in Porto Alegre, Volume 1. Main Report," World Bank Publications - Reports 8042, The World Bank Group.
    4. World Bank, 2008. "Brazil - Toward a More Inclusive and Effective Participatory Budget in Porto Alegre : Volume 1. Main report," World Bank Publications - Reports 6275, The World Bank Group.
    5. Vladimir V. Vagin & Natalia A. Shapovalova, 2020. "Challenges and Issues of Initiative Budgeting Development," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 1, pages 9-26, February.
    6. World Bank, 2008. "Brazil - Toward a More Inclusive and Effective Participatory Budget in Porto Alegre : Volume 2. Annexes," World Bank Publications - Reports 6276, The World Bank Group.
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    Citations

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    Cited by:

    1. Alexey Mikhaylov, 2022. "Sustainable Development and Renewable Energy: A New View to a Global Problem," Energies, MDPI, vol. 15(4), pages 1-4, February.

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    More about this item

    Keywords

    participatory budgeting; public participation in the budget process; Sustainable Development Goals; Open Budget Index; voluntary national review;
    All these keywords.

    JEL classification:

    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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