Summary and outlook

Abstract

The starting point of this work are the public sector reforms introduced since the emergence of the New Public Management in the 1980 s. Performance budgeting, as one part of the new paradigm, changed public administration worldwide and still presents important instruments of modernization. The question has been posed whether performance budgeting has contributed to higher efficiency in the public sector and fostered the reduction of public spending. The need for a new comprehensive definition of performance budgeting was outlined.