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Openness of Public Financial Management: Assessing an Emerging Economy

Openness of Public Financial Management: Assessing an Emerging Economy

Salah Uddin Rajib, Mahfuzul Hoque
Copyright: © 2018 |Pages: 18
ISBN13: 9781522549871|ISBN10: 1522549870|EISBN13: 9781522549888
DOI: 10.4018/978-1-5225-4987-1.ch005
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MLA

Rajib, Salah Uddin, and Mahfuzul Hoque. "Openness of Public Financial Management: Assessing an Emerging Economy." Proliferation of Open Government Initiatives and Systems, edited by Ayse Kok, IGI Global, 2018, pp. 92-109. https://doi.org/10.4018/978-1-5225-4987-1.ch005

APA

Rajib, S. U. & Hoque, M. (2018). Openness of Public Financial Management: Assessing an Emerging Economy. In A. Kok (Ed.), Proliferation of Open Government Initiatives and Systems (pp. 92-109). IGI Global. https://doi.org/10.4018/978-1-5225-4987-1.ch005

Chicago

Rajib, Salah Uddin, and Mahfuzul Hoque. "Openness of Public Financial Management: Assessing an Emerging Economy." In Proliferation of Open Government Initiatives and Systems, edited by Ayse Kok, 92-109. Hershey, PA: IGI Global, 2018. https://doi.org/10.4018/978-1-5225-4987-1.ch005

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Abstract

This chapter reviews the open government model and assesses the position of public financial management (PFM) of an emerging economy, Bangladesh. Open government (OG) is an emerging issue that is identified as the prerequisite of ensuring the accountability and transparency. From different research platforms, OG is suggested to pertain to the development goals of the country as well. Therefore, it has an importance to the emerging economy. This chapter investigates the openness of public financial management (PFM) through the theory of accountability, transparency, and open government model in Bangladesh. It seems that though the ease of accessibility of government data is demanded in the developing economy for accountability, transparency, and development, the situation of public financial management is far reaching from the demand in Bangladesh. The open government data platform and different PFM agencies are disclosing very little information regarding the public finance. The chapter argues to strengthen the basic structure of opening up the PFM.

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