The People’s Budget – US insights as an opportunity for British action
Date: 24 April 2013
Time: 13.00 – 14.00
Venue: The Young Foundation, 18 Victoria Park Square, London E2 9PF
Grounded in the idea of devolving power amongst communities, participatory budgeting (PB) means directly involving local people in making decisions on the spending and priorities for a defined public budget in their area. Since its beginnings in the late 1980s, the practice has spread across the world from Porto Alegre to New York City.
Although there have been examples of PB being implemented successfully in the UK, there is still plenty of opportunity for it to grow and spread. As we experiment, we can look to the success of the participatory budgeting movement in the US for inspiration.