The Open Budget Index: A tool for measuring and promoting budget transparency
In an open-access research note in the current issue of Governance (24.3, July 2011), Paolo de Renzio and Harika Masud of the International Budget Partnership describe a tool for documenting the state of budget transparency — the Open Budget Index. Produced biennially, the Index is beginning to provide interesting comparative evidence on trends in the management of public finances and disclosure of budget information. Although global levels of transparency are “worryingly low”, the Index does suggest that disclosure practices are slowly improving. Open access to this research note for the month of July. To learn more about the International Budget Partnership’s work, subscribe to its bi-monthly electronic newsletter.