Editor's Introduction

Abstract

This symposium examines the issues related to budget system reform in developed and developing countries. Based on the experience of recent attempts to reform in transitional countries, the first paper in the symposium outlines a three-pronged strategy for budget system reform. the second paper in the symposium examines the use of budgetary controls and procedures and argues that the trend is for these controls and procedures to become less complex over time. the third paper in the symposium examines the reoccurring problems of reforming the budgetary process in the United States and suggests improvements to the current federal budget process. the last paper in the symposium examines whether forecasts of federal revenues are systematically biased.