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Legislative Study on the Management of National Finance

원문정보

Chan Woo, Cheong

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초록

영어

For economic revitalization and long-term financial soundness, the Government compiled budgets based on standards for financial soundness. The financial resources are allocated in the priority order of; health, welfare, labor, local administration, education and national defense. Expenditures on welfare have been continuously increasing and have increased the national debt for its funding. Financial restructuring and revenue expansion is urgent. To manage national financial crisises, a balance between financial income and expenditures must be maintained. Legislative Acts, such as fiscal rule legislation, introduction of financial regeneration of local governments, and introduction of strategic analysis in business valuation must be arranged to meet social needs.

목차

Abstracts
 I. Introduction
 II. Management of national finance
  1. The legal basis for finance
  2. Composition of National budget and its execution
 III. Financial management through fiscal rule legislation
  1. Financial management issues
  2. Management of financial expenditures through fiscal rule legislation
 IV. Legislation and Improvement Projects for Financial Management
  1. Legislation of fiscal rule in National Assembly Act
  2. Legislation of management of financial crisis of local governments
  3. Strategic analysis system of business
 V. Conclusion
 [References]

저자정보

  • Chan Woo, Cheong Korea Legislative Studies Institute

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