Research on the Application of Open Data in the Public Finance Sector

Abstract

Open data is a powerful resource for the development of the public finance sector, creating an open, transparent, and democratic society. By innovating in the technical field with the help of open data, the added value of services and products is created not only in the public but also in the private sector. The focus of the paper is on the public sector of finances, where with the help of open data a high degree of transparency is achieved, which is realized through cases of the use of open data. The paper provides an overview of good practices at the state levels of Estonia, Ireland, Slovenia and Serbia, with comments on the achieved results based on reports from world portals and organizations dealing with the development of open data initiatives in the public finance sector.