Open AccessPublic Sector Accounting and Accountability in Greece: A Discussion
Author(s) -
Anastasia Maggina
Publication year - 2011
Publication title -
journal of public administration and governance
Language(s) - English
Resource type - Journals
ISSN - 2161-7104
DOI - 10.5296/jpag.v1i1.685
Subject(s) - transparency (behavior) , restructuring , accountability , accounting , democracy , debt , public sector , business , debt restructuring , economics , political science , finance , economy , sovereign debt , sovereignty , politics , law
Publiuc sector accounting and accountability have strong origins in Ancient Greece in the framework of the democracy of Athens and the foreign aid later on.The organs of public accounting-management are stereotyped but transparency is still an open question.After the recommendations made by International Organizations(IMF,OECD,etc.) and European Institutions(EU,ECB) many changes/innovations are on the way to restore confidence to citizens,the european partners and the international markets in an effort to get financing or restructure the terms of the very high national debt.