Behavioral Public Finance (PDF of Powerpoint Slide Presentation)

By employing the methodology developed by the OECD the paper assesses the degree of revenue decentralization in Russia in comparison with other post-communist European countries. The paper provides theoretical arguments underpinning fiscal decentralization, analyzes the composition of subnational government revenues, the level of regional and local tax autonomy and types of intergovernmental fiscal transfers. The analysis presents the composition of revenues depending on the degree of subnational and local government control. In comparison with other transition countries fiscal decentralization in Russia is relatively low. It is concluded that Russia's public finance reform has not progressed towards providing greater fiscal autonomy for regional and local governments.

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Afanasiev Mst. P., Krivogov I. V. Modernization of Public Finance: Teaching Aid

Voprosy Ekonomiki ◽

10.32609/0042-8736-2007-11-139-140 ◽

2007 ◽

pp. 139-140

Author(s):

V. Mau

Keyword(s):

Public Finance ◽

Teaching Aid

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On the formation of a New Paradigm of fiscal Policy

Voprosy Ekonomiki ◽

10.32609/0042-8736-2013-6-152-158 ◽

2013 ◽

pp. 152-158 ◽

Cited By ~ 2

Author(s):

V. Senchagov

Keyword(s):

Public Finance ◽

Fiscal Policy ◽

Financial Crisis ◽

Global Financial Crisis ◽

Domestic Demand ◽

Real Economy ◽

New Paradigm ◽

Monetary Aggregate ◽

The Past ◽

The Global Financial Crisis

Due to Russia’s exit from the global financial crisis, the fiscal policy of withdrawing windfall spending has exhausted its potential. It is important to refocus public finance to the real economy and the expansion of domestic demand. For this goal there is sufficient, but not realized financial potential. The increase in fiscal spending in these areas is unlikely to lead to higher inflation, given its actual trend in the past decade relative to M2 monetary aggregate, but will directly affect the investment component of many underdeveloped sectors, as well as the volume of domestic production and consumer demand.

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Novations in Budgetary Process: Budgeting Focused on Result

Voprosy Ekonomiki ◽

10.32609/0042-8736-2005-2-4-22 ◽

2005 ◽

pp. 4-22

Author(s):

V. Gamukin

Keyword(s):

Public Finance ◽

New Method ◽

Budgetary Process ◽

Commercial Sector ◽

The Public ◽

Starting Condition ◽

Domestic Practice

In the article the starting condition of applicating the new method of organization of the budgetary process - the budgeting focused on result is estimated. The importance of specification of the conceptual and methodical device of budgeting with reference to the public finance is underlined. It is conditioned by the fact that rich foreign and domestic practice of budgeting in commercial sector cannot be directly used for optimization of a trajectory of movement of state and municipal finances.

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Modernization of the Public Finance in Russia

Voprosy Ekonomiki ◽

10.32609/0042-8736-2006-9-103-111 ◽

2006 ◽

pp. 103-111 ◽

Cited By ~ 1

Author(s):

Mst. Afanasiev ◽

I. Krivogov

Keyword(s):

Public Finance ◽

The Public ◽

Budget Reform

Russian public finance reforming under conditions of substantial increase of budget expenditures is analyzed in the article. Basic directions of the budget reform are considered that are formulated in the variant of the Budget Code, which is currently still under discussion. The focus is made on results-based budgeting and federal investment programs management.

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