Budgeting as informed guess work: Has the german budgetary process lost direction?
Journal of Public Budgeting, Accounting & Financial Management
ISSN: 1096-3367
Article publication date: 1 March 2013
Abstract
Budgeting in Germany is characterized by procedural continuities which have developed more and more into dignified parts of the German financial constitution. This is true for the way budgets are prepared at the executive level, controlled in parliament and audited. Procedural accuracies do, however, mean little for budgetary outcomes. Typical for these is that hard choices tend to be avoided by the frequent use of off-budget funds, and that, so far, mere lip-service has been paid to the problem of reducing the deficit. Budgetary compromises necessary to reconcile cut-back rhetoric and ever-growing expenditure demands have become more complicated because in most cases the support reform of entitlements. By adding huge new
Citation
Sturm, R. (2013), "Budgeting as informed guess work: Has the german budgetary process lost direction?", Journal of Public Budgeting, Accounting & Financial Management, Vol. 25 No. 3, pp. 130-153. https://doi.org/10.1108/JPBAFM-25-03-2013-B001
Publisher
:Emerald Publishing Limited
Copyright © 2013 by PrAcademics Press