The Features of Federal Fiscal Transfers’ Allocation among Russian Regions

Mikhail V. Milchakov ()
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Mikhail V. Milchakov: Researcher of Regions, Independent Expert, Russia

Finansovyj žhurnal — Financial Journal, 2015, issue 6, 34-46

Abstract: An urgent task in the period of economic recession and decrease in budget revenue base is to carry out the rationalization of federal grants allocation among Russian regions included in the framework of intergovernmental fiscal relations. The author uses official quantitative data from open sources and analyses specific territorial changes in the sphere of federal budget aid distribution to regions in accordance with five determined lines that reflect transformations in conditions for regional budgets planning and supporting their stability and balanced state. The article presents the results of complex evaluation of identified tendencies and suggestions for federal support allocation sophistication. The implementation of formulated suggestions will enable to make better conditions for regional budget stability.

Keywords: budgets of Russian regions; intergovernmental fiscal relations; balanced budget; federal grants; budget deficit (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:150604:p:34-46

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