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The Roles of the National Assembly Budget Office for Reinforcing the Evaluating Function of National Assembly : focused on principal-agent theory

  • Korean Society and Public Administration
  • Abbr : KSPA
  • 2005, 15(4), pp.-
  • Publisher : Seoul Association For Public Administration
  • Research Area : Social Science > Public Administration

Park, Byoung-sik 1 Jun-Ho Lee 1

1동국대학교

Accredited

ABSTRACT

In a democratic country, parliamentary control over the government is seen as an important prerequisite for ensuring parliamentary accountability. But this function of parliament is not performed effectively because of the information asymmetry between parliament and government. To address this issue, the National Assembly Budget Office(NABO) was recently established in Korean Parliament. This study analyzes the function of the Congressional Budget Office(CBO) and surveys the perceptions of the officers of the agencies related to the National Assembly. Based on the findings, this study attempts to reconstruct the roles and function of the NABO using the analytical framework of the principal-agent theory. This study recommends that the NABO has to have more specialty and independence in supporting the evaluation function of National Assembly to national policies.

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