Research On The System Improvement Of The Government Budget Performance Management In China And The International Experience

Finance is the foundation and an important pillar of national governance.As the public financial resources of the society,financial fund plays a significant role in helping the government fulfill social public service functions,achieve social fairness and justice,and promote economic growth.However,the government and its affiliated public sectors objectively have the monopoly of providing public goods and lack of competition mechanisms,which makes the expenditure of financial funds difficult to get rid of the low efficiency.How to ensure the government's sufficiency in providing public goods and overcome the low efficiency of its supply,and to maximize the realization of the low cost of public welfare effect goal,is one of the long-term research focus of the economics,especially when it comes to finance.Through adequate system supply,the concepts and methods of private sector performance management are introduced into the public sector budget management by European and American countries to improve the budget management system,promote the financial operation efficiency,and realize the optimal allocation of common resource,which has exerted an important influence on the modern financial development.Since the introduction of performance management in the early 21 th century,the Chinese government has been continuously localizing international experience and exploring a budget performance management model suitable for national conditions.On this basis,it is now pushing forward the comprehensive implementation of budget performance management.Under this background,this dissertation deeply discusses the existing experience and problems in the implementation of budget performance management system in China and puts forward the suggestions to build a comprehensive budget performance management with high quality in China,which is of great theoretical value and practical significance to further improve the theory and method of localization of budget performance management,and embody the safeguard function of system restraint to modern financial standard operation.This dissertation focuses on the current comprehensive implementation of budget performance management in China,combines the theory and practice,uses comparative research,normative research and empirical research to make qualitative and quantitative evaluation of China's implemented system.And the results showed that there were some problems in the formulation and implementation of the original policy,which did not achieve the anticipated effect.This dissertation reviewed the historical evolution of the performance budget management system in the United States and the United Kingdom,which beneficial experience brings some enlightenment to China's practice.At present,it is advisable to adopt the government-led budget performance management mode of People's Congresses legislation,government execution and social forces participation.However,we should go deep into the micro level,continue to optimize the future formal system and its implementation mechanism,and improve the implementation links and protection measures of performance management.The main contents are as follows.First,this dissertation analyze the economic value of institutionalizing budget performance management based on public economics and new institutional economics.Optimizing system supply can improve public economic performance,which includes establishing public values for public sector actions,reflecting the results of public economic behavior,reducing transaction costs between the public sectors,and restraining the use of public sector funds.Second,this dissertation,using quantitative analysis method,evaluates the implementation and effect of policies which is already issued and implemented and summarizes the existing problems based on the results.Policy belongs to the category of system.On the basis of affirming the preliminary achievements of Chinese government budget performance management,the regression discontinuity is adopted to make an empirical test on the effect of implemented policies.The results show that after the ministry of finance issued no.416 document in 2011,it had a significant effect on local fiscal budget application,but it had no significant impact on the improvement of fiscal transparency and livelihood expenditure level.Then,the text analysis method and questionnaire survey method are adopted to further analyze the system supply and implementation of local government budget performance management,and according to the results,find out the key issues affecting the implementation of policies.Third,on the basis of combing the foreign research literature,this dissertation summarizes the historical evolution of the performance budget system of the United States federal government and the United Kingdom central government,especially the management mode of the United Kingdom is more instructive.Then,from the micro level,it probes into the enlightenment to China,such as top-level institutional constraints,performance indicators negotiation,performance information use and performance accountability.Fourth,the dissertation propose to optimize the comprehensive budget performance management system from the enforcement mechanism,such as the management system,management mode and management methods.Firstly,it puts forward to start with the top-level system design,rationalize the functional division of the appraisal department,and reduce the overlapping.Secondly,it optimizes the connection of all links of budget performance management and the design of methods.Finally,the proposal to strengthen the training of performance analysis professionals,establish of artificial intelligence performance information analysis technology platform,and develop performance information resource docking system will be established.In order to optimize budget performance management system in China,the dissertation mainly does the following innovative research.Firstly,based on the theory of public economics and new institutional economics,it systematically studies the economic value of institutionalized budget performance management.The institutionalization of budget performance management policy can effectively reduce the transaction costs between public sectors and improve the performance of public economy.Secondly,it makes the quantitative evaluation to the existing government budget performance management system and its implementation,discovers and analyzes the problem.The regression discontinuity was adopted to test the effect of the implementation of the budget performance management system at provincal level and founded that it did not meet all the policy expectations,which included an obvious inhibit effect on the annual budget application of local governments,but had no significant impact on the improvement of financial transparency and livelihood expenditure.Accordingly,text analysis and questionnaire analysis are further used to make quantitative analysis on the objectives,implementation process and influencing factors of laws and policies.Based on the analysis results,problems existing in current budget performance management are summarized.Thirdly,it builds the matter-element comprehensive performance evaluation model and improves the evaluation method of overall expenditure performance of public sector.It combines the matter-element analysis method,the balanced scorecard,the key indicator and the analytic hierarchy process,and uses balanced score card to determine the key indicators of each dimension,uses the analytic hierarchy process to measure the dimensions of each layer and index weights and uses the matter-element analysis method to calculate the correlation degree through each step.Finally,it corresponds hierarchy standards and quantifies the level of comprehensive performance,with clear results,simple operation and easy promotion.