Handbook of Research on Institutional, Economic, and Social Impacts of Globalization and Liberalization, Yılmaz BAYAR, Editör, IGI GLOBAL PUBLISHER, Pennsylvania, ss.273-286, 2021
The effects of globalization in the economic, political, and social life have deeply changed the roles of
states, and in this process of change, the new management approach has become a current issue within
public financial management. Some important principles such as fiscal transparency, accountability,
efficiency, effectiveness, and economy have been given importance in the public sector, and middle-
terms budgeting, strategic planning, performance management, performance indicators, annual reports,
analytical budget classification have become to be implemented in the performance-based budgeting
system. The authors have examined the innovations by globalization in the Turkish public sector and
analysed the effects of changes with the adoption of Law No: 5018 in terms of Turkish public financial
management. It has been mandatory that all Turkish administrations under the general government take
attention to the regulations accepted in Law No: 5018. When evaluated from a positive perspective, public
administrations in Turkey have got more managerial responsibility in their operations.