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Summary: The Importance Of Public Participation

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The significance of public participation and its effects on the economy. Considering the close connection between public participation and fiscal transparency, Fornes (2014: 16) points out that there is evidence that they improve a country's economy, since transparency and public participation can help control leaks and improve allocation of public spending as well as to promote equality between resources and national priorities, where transparency can help the government to obtain international credit at a lower cost. According to Ott et al. (2016: 1) citizens who have obtained “complete, accurate, timely and understandable budget information” can “contribute to the more efficient collection of public funds and supply of public goods and services, thus increasing accountability of the Government and local government authorities and reducing opportunities for corruption”. Reviewing evidence on the impact of fiscal openness, which they consider to be a set of principles and practices concerning both transparency and participation in fiscal matters, de …show more content…

However, Heimens also notes that public participation can slow down the budgetary process, especially when the government lacks (expert) personnel and/or funds, which leads to delays in the passage of the budget – what is more, if the government is unable to provide the public with timely, useful and accessible budget information, participation and external scrutiny of the budget will in fact be hindered (Heimans, 2002: 18–19), making participation truly

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