4th Edition Preface/3
3rd Edition Preface/4
Preface to the Revised Edition/5
Preface to the First Edition/7

Chapter 01
The Essence of Government Budget 17

Section 1: The Concept of Government Budget 17
1.
General Meaning of Government Budget/17
2.
The Fiscal Implications of Government Budgets/18
3.
The Legal Implications of the Government Budget/20
Section 2 Classification of Government Budget 21
1.
Classification by type: general accounting, special accounting, fund/21
2.
Classification by Use: Revenue and Expenditure Budget/33
3.
Classification by process: original budget, revised budget, supplementary budget, and preliminary budget/37
4.
Classification by target/39
5.
Breakdown by Transaction: Total Budget and Net Budget/44
6.
The Scope of the Public Sector and Integrated Finance/46

Chapter 02
Norms and Functions of the Government Budget 53

Section 1 Norms and Principles of the Government Budget 53
1.
Government Budget Norms/53
2.
Government Budget Principles/55
3.
Government Budget and Law/60
Section 2: Functions of the Government Budget 65
1.
Markets and Government/65
2.
The Three Major Functions of Government Finance/70

Chapter 03
Government Budget Process 81

Section 1. Types and Behaviors of Participants in the Government Budget Process 81
1.
Government Budget-Related Organizational Structure/81
2.
Government Budget-Related Organizations of the Executive Branch/83
3.
Government Budget-Related Organizations of the Legislative Branch/85
4.
Heads of Independent Agencies and Central Government Agencies/87
5.
Government banking institution: Bank of Korea/88
6.
Behaviors and Strategies of Government Budget Participants/90
Section 2: Preparation of the Government Budget 97
1.
Government Budget Cycle and Process/97
2.
Government Budget Preparation/100
3.
Composition of the Government Budget/109
Section 3: Deliberation and Confirmation of the Government Budget 114
1.
Budget review by the National Assembly? Confirmed/114
2.
Designated Budget System and the National Assembly's Budget Deliberation Behavior/122
3.
Item-Specific Veto System (Limited Veto)/124
Section 4 Execution of the Government Budget 126
1.
The Essence of Government Budget Execution/126
2.
Government Budget Execution Procedures/127
3.
Flexibility Measures for Government Budget Execution/136
4.
Budget Performance-Based Pay System/146
Section 5: Settlement and Audit 148
1.
The Concept of Settlement/148
2.
Settlement Procedure/151
3.
Disposal of World Surplus/154

Chapter 04
Government Budget Theory 159

Section 1: Evolution of Government Budget Theory 159
1.
Government Budget Expansion Theory/159
2.
Incrementalism and Holistic Budgeting as Theories/162
Section 2: Incremental Budget Theory 163
1.
The Essence of Incremental Budgeting Theory/163
2.
Debate on Incremental Budgeting/166
3.
Incremental Budgeting in Practice/168
4.
The Pros and Cons of Incremental Budgeting Theory/169
Section 3: Totalitarian Budget Theory 170
1.
The Essence of Totalitarian Budget Theory/170
2.
Debate on Totalitarian Budget Theory/172
3.
The Practice of Totalitarian Budget Theory/174
4.
The Pros and Cons of Totalitarian Budget Theory/175

Chapter 05
Analysis of the Government Budget 177

Section 1: Financial Requirements Review 177
1.
Financial Requirements Review/177
2.
Fiscal Baseline Outlook/179
3.
Bill Cost Estimation/182
Section 2 Business Analysis and Evaluation 186
1.
Total Project Cost Management System/186
2.
Feasibility Study/188
Section 3: Forecasting Revenues and Expenditures 195
1.
The Essence of Revenue and Expenditure Forecasting/195
2.
Techniques for Forecasting Revenues and Expenditures/196

Chapter 06
Changes in the Government Budget System 207

Section 1 Item-by-Item Budget System 207
1.
The concept of item-by-item budgeting/207
2.
Budget Structure by Item/209
3.
Advantages and Problems of Item-Based Budgeting/211
Section 2: Performance-Based Budgeting System 212
1.
The Concept of Performance-Based Budgeting/212
2.
Performance-Based Budget Structure/214
3.
Advantages and Challenges of Performance-Based Budgeting/215
Section 3 Planning and Budgeting System 217
1.
Concept of Planning and Budgeting System/217
2.
Planned Budget Structure/219
3.
Advantages and Problems of the Planning Budget System/220
Section 4: Objective Management Budget System 223
1.
The Concept of Objective Management Budgeting/223
2.
Objective Management Budget Structure/225
3.
Advantages and Challenges of Objective Management Budgeting/226
Section 5: Zero-Based Budget System 228
1.
The concept of a zero-based budget system/228
2.
Zero-based budget structure/230
3.
Advantages and Problems of the Zero-Based Budget System/234

Chapter 07
Reform of the Government Budget System 237B

Section 1: 3+1 Fiscal Reform 237
1.
Budget System Reform and the National Finance Act/237
2.
Budget Reform and Digital Budget Accounting Systems/241
Section 2 National Financial Management Plan 243
1.
The Essence of National Fiscal Management Plans/243
2.
Procedures for Establishing a National Financial Management Plan/244
Section 3: Total Amount Allocation Autonomous Budgeting System 249
1.
The Concept of a Total Distribution Autonomous Budget System/249
2.
Structure of the Total Distribution Autonomous Budget System/250
3.
Advantages and Challenges of the Total Distribution Autonomous Budget System/252
Section 4 Program Budgeting System and Performance Management System 255
1.
Program Budgeting and Performance Management Systems/255
2.
Program Budget Structure/259
3.
Advantages and Challenges of Program Budgeting/267
Section 5: Budget Reform and Expenditure Review System 269
1.
The Essence of the Expenditure Review System/269
2.
Budget Reform and Expenditure Review System/271

Chapter 08
Government Budget Policy and Financial Support 273

Section 1 Local Autonomy and the Government Budget 273
1.
National and Local Finance/273
2.
Structure of Local Finance/275
3.
Local Government Budget Process/285
Section 2: Private Investment and Government Budget 286
1.
The Essence of Private Investment/286
2.
Current Status and Issues of Private Investment Projects/291
Section 3: Fiscal Financing and the Government Budget 295
1.
The Essence of Financial Financing/295
2.
Development Plan for Financial Loan Businesses/300

Chapter 09
Rational Management of Government Budget 303

Section 1: Cognitive Budgeting System 303
1.
Cognitive Budgeting System/303
2.
Gender-Sensitive Budgeting System/305
3.
Greenhouse Gas Reduction Cognitive Budget System/314
Section 2: Rational Management of the Government Budget 318
1.
Tax Expenditure Budget System/318
2.
Burden Management System/327
3.
National Property Management System/337
4.
Procurement Administration and National Contracting System/344

Chapter 10
Democratic Management of the Government Budget 357

Section 1 Government Budget and Taxpayers' Rights 357
1.
Taxpayer Rights/357
2.
Taxpayer Remedies/363
Section 2 Government Budget and Citizen Participation 368
1.
Citizen Surveillance System and Public Finance Recovery/368
2.
Financial Information Disclosure System/373
3.
Citizen Participatory Budgeting System (Citizen Financial Participation System)/377

Chapter 11
Government Budget and Deficit Finance 385

Section 1: The Nature of National Debt and Deficit Finance 385
1.
Fiscal Deficits and Deficit Finance/385
2.
Fiscal Balance and National Debt/388
3.
National Debt Management Plan and Fiscal Rules/396
Section 2: The Ripple Effects of Deficit Budgeting 401
1.
Deficit Budgeting and Fiscal Sustainability/401
2.
Theory of the Ripple Effects of Deficit Budgeting/403
Section 3 Deficit Finance and Capital Budgeting (Double-Entry Budget) 408
1.
The Concept of Capital Budgeting/408
2.
Advantages and Disadvantages of Capital Budgeting/411

Chapter 12
Government Accounting and Settlement 413

Section 1: The Nature of Government Accounting Audits 413
1.
Government Accounting Audit/413
2.
Audit agency/417
Section 2 Government Accounting and National Settlement 423
1.
Government Accounting/423
2.
National Accounting Legislation and Accounting Principles/427
3.
Government Financial Statements/430

References/443
Search/455