Justification of Budget Expenditures for the Establishment of the Territories of Priority Development

Tatiana S. Remizova ()
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Tatiana S. Remizova: Financial Research Institute, Moscow, Russia

Finansovyj žhurnal — Financial Journal, 2016, issue 1, 70-78

Abstract: The territories of priority development (TPD) are created in the Far East of Russia in order to attract residents, particularly core residents, and the development of the Far East. The paper presents the main advantages of the residents, when placing them on the TPD and risks related to the financing of infrastructure in the territory at the expense of the federal budget. In order to assess the possible risks and the efficiency of the planned TPD the author analyses 6 TPD complex investment project profiles. The analysis outcome shows that the only way to reach target results is to involve residents with the relevant revenue volume and other production indices, which are stated in the complex investment project (CIP).

Keywords: territory of priority development (TPD); the complex investment project (CIP); CIP profile; financing; infrastructure (search for similar items in EconPapers)
JEL-codes: H50 H61 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:160107:p:70-78

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