Abstract
In this article is public budget is investigated as a policy category. The author offers new approach for researching the budget process. The budget process is analyzed within theoretical framework of the policy process: the concept of policy cycle, the institutionalism theory, the open system theory, theory of budgetary incrementalism and the rationalism theory.
Keywords
public budget, budget process, concept of policy cycle, the open system theory, theory of budgetary incrementalism and the rationalism theory, the institutionalism theory
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