Korea is experiencing a decline in corporate investment and a rise in personal and self-employed people’s debt due to the slowdown of exports and domestic demand combining with the increasing low fertility rate and rapid aging population. Against t... Korea is experiencing a decline in corporate investment and a rise in personal and self-employed people’s debt due to the slowdown of exports and domestic demand combining with the increasing low fertility rate and rapid aging population. Against this backdrop, the Korean government has drawn up complementary budget almost every year since 2008 in order to stimulate the economy. However, such expansionary fiscal policies have inevitably deteriorated overall fiscal balance and increased national debt. Amid the national fiscal condition is in a bad situation, fiscal authorities are making more efforts such as enacting a fiscal consolidation law, improving fiscal information disclosure system and establishing an integrated management system for subsidy in order to appropriately manage present and future fiscal risks. The effectiveness of these policy efforts depends on the attitude and capability of public officials in charge of fiscal affairs. This research finds that fiscal education, especially budget education, for public official is one of the crucial factors influencing on the establishment of sustainable fiscal soundness in the perspective of expenditure budget. The significance of this research lies in its conclusion that systematic, sustainable and effective education system is needed by setting up and operating a professional education institute for fiscal affairs and budget. In addition, this research suggests that the financial authorities need to consider the introduction of national fiscal (budget) certification system and licensing fee payment to establish a healthy fiscal system. Also, this research proposes institutional and non-institutional problems and improvements for the establishment of sound national finance. Keywords: sound national finance (sustainable fiscal soundness), fiscal risks, fiscal consolidation law, professional education institute for fiscal affairs and budget, national budget certification system ，韩语毕业论文，韩语论文 |
