SPENDING REVIEW AS A POLICY TOOL FOR ENSURING EFFICIENCY IN PUBLIC EXPENDITURES AND ITS IMPACT ON FISCAL BALANCE

Authors : Nihal Selcen Hançer

Pages : 531-567

Doi:10.52836/sayistay.1579973

View : 195 | Download : 99

Publication Date : 2025-02-07

Article Type : Research Paper

Abstract :The evolving role of the state as an economic actor, the emphasis on efficiency in public expenditures, the need to expand fiscal space, and the spending-increasing tendencies following the 2008 crisis have necessitated the development and implementation of effective policy tools in public financial management. This article examines the spending review method, a policy tool aimed at ensuring the efficient use of public resources and conducting public expenditures on a rational basis, to determine whether it contributes to enhancing the efficiency of public spending. The analysis section of the study is based on 25 OECD countries that have integrated this method into their public financial management systems, with budget balance serving as the primary indicator of fiscal balance. The study finds that the existing adverse impact of public expenditures on budget balance has shifted positively, showing an improvement following the adoption of the spending review approach
Keywords : Harcama Gözden Geçirme, Mali Alan, Kamu Harcamalarında Etkinlik, Bütçe Dengesi

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