The Korea Local Administration Review

The purpose of this study is to investigate the performance analysis of the FMDM(Fund for Mutual Development of Municipalities) with an aim to improve the efficiency and the effectiveness of the fund management. In this paper a comprehensive analysis was conducted on the Self-Performance Analysis Reports of metropolitan or provincial governments for the operation of FMDM in 2018. The results showed that the performance analysis of the fund programme was effected by the uncertainty of the purpose of the fund programme, the inappropriateness of the performance analysis target, the lack of the effectiveness of the self-performance analysis, and the absence of feedback of the results of the performance analysis. Therefore, to improve the performance of the FMDM it is necessary to select appropriate programmes to achieve the fund’s objectives, to limit the target of the performance analysis, to provide guidelines for writing Self-Performance Analysis Report, and to invigorate the feedback of the results of the performance analysis results.