Economics
Participatory Budgeting for Local Governance Transparency
Quick fact
The first participatory budgeting process was launched in Porto Alegre, Brazil, in 1989 and quickly became a model replicated in over 7,000 cities worldwide, including New York and Paris.
Why this is interesting
Ever wondered how your city decides which streets get fixed or which parks get built? In some places, the residents themselves hold the budget pencil—and the results are transforming trust in government.