Reduction in Budgetary Expenditure on Social Services as one of the Russian Economy Stabilization Plan Direction

Elena Ivanova Danilina, Oksana Sergeevna Gaifutdinova and Nikolay Kuznetsof

European Research Studies Journal, 2015, vol. XVIII, issue 4, 247-260

Abstract: This article discusses the problem of reduction in budgetary expenditure as one of the priority directions in economic development and social stability of the Russian Federation being in an unfavorable geopolitical situation. The dynamics and structure of expenditures of the Russian Federation federal budget are being analyzed as well as budgetary expenditure control specifics against the background of budget deficit. The article highlights the Russian regions social burden and provides the social sphere optimization results. According to the research results, the author proposes a set of measures to reduce the social spending in the Russian Federation, including the pension reform improvement; better targeting of social transfers and subsidies; social institutions network optimization.

Keywords: Budgetary Resources; Social Spending; Federal Budget; Reserve Fund; Social Burden; Social Sphere Optimization (search for similar items in EconPapers)
JEL-codes: D7 E6 P2 (search for similar items in EconPapers)
Date: 2015
References: View complete reference list from CitEc
Citations: View citations in EconPapers (16)

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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xviii:y:2015:i:4:p:247-260

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