JOURNAL ARTICLE
Value of participatory budgeting.
Published In: Business Weekly (Knowledge Bylanes), 2023. P. N.PAG 1 of 2
Database: Business Source Ultimate 2 of 2
Abstract
The text discusses the value of participatory budgeting and the importance of public engagement in decision-making processes. It highlights the historical roots of citizen involvement in governance, from ancient Athens to present-day Arab countries. The text outlines several reasons for public engagement in budgeting, including the impact on people's lives, the provision of additional information to decision-makers, and the prevention of corruption. It emphasizes the need for transparency in government spending and the potential benefits of participatory budgeting in promoting democracy and effective allocation of resources. However, it also acknowledges challenges such as a lack of financial resources, government incompetence, citizen apathy, and bureaucratic inefficiency. The text concludes by emphasizing the importance of articulating a clear purpose for public participation and the need for governments to provide adequate budget information to the public. It also mentions the role of the Parliamentary Caucus on National Planning and Budget in Bangladesh and the potential benefits of strategic partnerships with civil society organizations. The text suggests that public participation processes should be evaluated and that the information gained from these processes should be considered alongside expert knowledge and objective data. It concludes by highlighting the potential for participatory planning and budgeting to improve governance at the local, subnational, and national levels. [Extracted from the article]
Additional Information
- Source:Business Weekly (Knowledge Bylanes). 2023/12, pN.PAG
- Document Type:Article
- Subject Area:Business and Management
- Publication Date:2023
- Accession Number:174328437
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