Abstract:

In particular, strategies and activities of major economies regarding budget transparency can affect global economy. Therefore, analysis of budget transparency capabilities of large economies is of great importance. In this context, budget transparency performances of G7 countries, which have the world's largest economies, were measured in research with data of Open Budget Index (OBI) reports for years 2017, 2019 and 2021, and MEREC-based PIV multi-criteria decision method (MCDM). According to findings, it was observed that the most important year in terms of budget transparency of countries within scope of MEREC method was 2019. Secondly, with MEREC-based PIV method, budget transparency performances of countries were listed as Italy, England, France, Germany, USA, Japan and Canada. In addition, it has been observed that budget transparency performance of Japan and Canada is lower and lower than average budget transparency performance value compared to other countries. According to these results, it was evaluated that especially Japan and Canada should increase their budget transparency performances to contribute more to global economy. Thirdly, according to sensitivity and correlation analyzes in terms of method, it was concluded that budget transparency performances of countries can be measured according to t MEREC-based PIV method within scope of OBI.

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