THE ROLE OF DIGITALIZATION IN ENHANCING FINANCIAL TRANSPARENCY IN THE PUBLIC SECTOR

Digitization brings significant changes in the public sector, influencing financial processes and the degree of transparency. The objective of the research is to analyze the impact of the implementation of digital technologies on financial transparency in the public sector, with an emphasis on reducing corruption and making decision-making processes more efficient. The paper analyzes how the implementation of digital technologies improves access to financial information and contributes to the reduction of corruption. Methodology based on case studies and statistical analysis is used to highlight the positive effects and associated challenges. The results demonstrate that digitization can support transparency by automating processes and providing real-time data if implemented correctly. The digitalization of government services is an effective strategic tool in combating corruption, positively influencing public trust.

Publication Details

Journal
RePEc: Research Papers in Economics
Published
2024-12-01
Primary Topic
E-Government and Public Services
Type
article
Field-Weighted Citation Impact
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article

THE ROLE OF DIGITALIZATION IN ENHANCING FINANCIAL TRANSPARENCY IN THE PUBLIC SECTOR

RePEc: Research Papers in Economics
E-Government and Public Services
article

THE ROLE OF DIGITALIZATION IN ENHANCING FINANCIAL TRANSPARENCY IN THE PUBLIC SECTOR

article en

Abstract

Digitization brings significant changes in the public sector, influencing financial processes and the degree of transparency. The objective of the research is to analyze the impact of the implementation of digital technologies on financial transparency in the public sector, with an emphasis on reducing corruption and making decision-making processes more efficient. The paper analyzes how the implementation of digital technologies improves access to financial information and contributes to the reduction of corruption. Methodology based on case studies and statistical analysis is used to highlight the positive effects and associated challenges. The results demonstrate that digitization can support transparency by automating processes and providing real-time data if implemented correctly. The digitalization of government services is an effective strategic tool in combating corruption, positively influencing public trust.

RePEc: Research Papers in Economics
Peace, Justice and strong institutions
Openalex Percentile: Top 28%
E-Government and Public Services
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THE ROLE OF DIGITALIZATION IN ENHANCING FINANCIAL TRANSPARENCY IN THE PUBLIC SECTOR · RePEc: Research Papers in Economics (2024) | TGRS Research Map | TGRS