Question

Describe the variety of actors in the budget process and what they are trying to achieve. In this day and age, do you think their goals are typically for the public good or to gain or hold personal power? Identify and briefly describe the five major ways of viewing politics in public budgeting. Lately, which view is MOST accurate in your opinion?

Explain budgetary decision making in terms of the five decision clusters. Which cluster do you think is the most political and why?

Answer 1

participants in the budget process include

1. Citizens are important constituents as manufacturers, employees, consumers etc. in an economy and are directly affected by the budget
2. Parliamentarians/Legislature are responsible for discussing and passing the revenue and expenditure bills in congress and state parliaments
3. The Reserve Bank is responsible for the fiscal policies implementation to achieve the economic goals
4. Journalists Are Responsible For Dissemination Of Information And Play The Watchdog Role Of Ensuring None Of The Different Constituents Are being Disadvantaged In The Process
5. Professionals Such As Economists, Bankers And Financial Experts Are Responsible For Giving Technical Input In Budgeting Process And Offer Advisory Services

Explanation:

Each of the groups presents their own needs and wants and not necessarily the greater/public good in the process

The five political issues in budgeting are The process of policy formulation, program selection, resource allocation and spending, borrowing, balancing and budget implementation and performance review

The political views are reformism, incrementalism, interest group determinism, process and policymaking.

politicians are the most political since they view budgeting process as a tool through which political objectives could be accomplished.