EconPapers    
Economics at your fingertips  
 

Increasing the Budget Costs' Efficiency as a Factor of State Finance Stabilization

O.B. Ivanova, E.D. Kostoglodova, S.S. Galazova and I.G. Prokopenko

International Journal of Economics & Business Administration (IJEBA), 2017, vol. V, issue 1, 120-127

Abstract: The article stands for comprehensive system approach in increasing the effect and performance of budget costs, providing the stability and long-term sustainability of state finance. In recent times Russia has gone to considerable lengths in introduction of result-oriented budgeting both on federal and regional level. In a similar vein, we could highlight the fact that insufficient conditions are created to increase the efficiency of budget costs management. The research paid much attention to the issues connected with evaluation of budget costs' performance in conditions of implementing the concept of budget consolidation and budget constraints. Authors set number of objectives: studying economic essence of “efficiency†and “performance†of budget expenditures; studying the framework of budget stabilization financial support measures; revealing the methodological approaches in budget cost effect evaluation in the framework of program-target budgeting including the regional level. The article concludes with the necessity of improving the evaluation system of criterion-based budget costs' management as well as highlighting the condition when the positive effect of program-target budgeting is reached: firstly, solving of methodological problem of measuring the planned (target) and actual results of budget funding; secondly, taking measures of strengthening the real responsibility of state authorities for accomplishment of target indicators

Keywords: stability; budget costs' effect and performance; program-target budgeting. JEL Classification Codes : H10; H11; H19. (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://ijeba.com/issues/2017/7._IVANOVAETAL_1_17.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ers:ijebaa:v:v:y:2017:i:1:p:120-127

Access Statistics for this article

More articles in International Journal of Economics & Business Administration (IJEBA) from International Journal of Economics & Business Administration (IJEBA)
Bibliographic data for series maintained by Marios Agiomavritis ().

 
Page updated 2018-04-21
Handle: RePEc:ers:ijebaa:v:v:y:2017:i:1:p:120-127