A recipient country‐centered approach to framing digital financial management information systems
| Published date | 01 October 2023 |
| Author | Seongho Jeong,Younhee Kim |
| Date | 01 October 2023 |
| DOI | http://doi.org/10.1002/pad.2028 |
Received: 21 March 2023
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Revised: 15 August 2023
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Accepted: 21 August 2023
DOI: 10.1002/pad.2028
BRIEF REPORT FROM THE FIELD
A recipient country‐centered approach to framing digital
financial management information systems
Seongho Jeong
1
|Younhee Kim
2
1
Korea Fiscal Information Service, Seoul,
South Korea
2
School of Public Affairs, Pennsylvania State
University Harrisburg, Middletown,
Pennsylvania, USA
Correspondence
Younhee Kim.
Email: yzk46@psu.edu
Abstract
Developing countries have commonly adopted financial management information
systems developed by prominent international organizations or developed countries
to modernize their fiscal functions. However, these systems face limitations in
effectively meeting the specific needs of recipient countries and maintaining their
built‐in functionalities. This field report aims to investigate the module based
adoption of South Korea's Integrated Financial Management Information System as
a customized strategy that aligns with the demands and capacities of recipient
countries. The implications of this report provide practical pathways to integrate
the push for modernization efforts of donor countries and the pull for localization
goals of recipient countries, improving the effectiveness of financial management
systems in developing countries and promoting self‐sufficiency and adaptability.
KEYWORDS
capacity building, digital budget and accounting system, official development assistance,
recipient‐centered design
1
|
INTRODUCTION
The Korean government's financial management information sys-
tem has undergone several generations of development. The im-
mediate previous version in its third generation is called the
Digital Budget and Accounting System (DBAS), also known as
dBrain, which stands for “digital Brain” to manage the compre-
hensive public finance system in the digital era. The launch of
dBrain in 2007 seeks to revamp the national financial manage-
ment system with the objectives of strengthening budget credi-
bility and integrating several fiscal information systems, including
the first and second generations of fiscal management systems.
The implementation of the dBrain system has aligned with the
Korean central government's vision of improving efficiency,
transparency, and citizen participation (Jeong & Oh, 2019). This
alignment is attained by employing a new fiscal management
framework that focuses on the development of national financial
operation plans, the adoption of top‐down budgeting, and the
implementation of performance management. By integrating these
approaches, the dBrain system facilitates streamlined financial
management practices. The latest version of the fourth generation,
called dBrain plus, enables policy analysis using artificial intelli-
gence functions in the DBAS framework. This advanced version
was officially launched in January 2022.
Building upon the successful experiences of the Integrated
Financial Management Information System (IFMIS) in effectively
operating and consolidating of national fiscal management, the
Korean government has planned to expand the implementation of
these financial management systems to developing countries through
official development assistance projects. Moreover, recognizing the
advantages offered by the fourth generation financial management
systems, the Korean government is confident that the dBrain system
can serve as an appropriate system for managing capital flows in
recipient countries.
This is an open access article under the terms of the Creative Commons Attribution‐NonCommercial‐NoDerivs License, which permits use and distribution in any
medium, provided the original work is properly cited, the use is non‐commercial and no modifications or adaptations are made.
© 2023 The Authors. Public Administration and Development published by John Wiley & Sons Ltd.
Public Admin Dev. 2023;43:323–327. wileyonlinelibrary.com/journal/pad
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