Heavily Non-Purpose Grants-Financed Russian Regions: Budgetary Conditions and Tools of State Support

Mikhail V. Milchakov ()
Additional contact information
Mikhail V. Milchakov: Expert in the Field of Regional Policy and Intergovernmental Fiscal Relations

Finansovyj žhurnal — Financial Journal, 2017, issue 1, 22-38

Abstract: The increased budget constraints on the federal level, the problem of heavily non-purpose grants-financed regions with weak own revenue base, which stability should be supported by growing share of state resources, determine the necessity for analysis of support measures efficiency. The author uses official quantitative data from open sources and analyses the features of economic and budget position of heavily non-purpose grants-financed regions in accordance with the special framework for budget process on their territory. In addition, the author considers measures of federal support in the form of non-purpose grants allocation as well as in the form of investment support connected with federal target programs execution and special economic zones functioning. The article includes proposals to improve these tools of regional development. The implementation of formulated proposals will stimulate the increase of budget expenditure efficiency and the decrease in federal support dependence.

Keywords: heavily non-purpose grants-financed regions; non-purpose grants; intergovernmental subsidies; intergovernmental transfers; regional equalization; federal target programs; special economic zones (search for similar items in EconPapers)
JEL-codes: H61 H77 R58 (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.nifi.ru/images/FILES/Journal/Archive/2017/1/statii_1/fm_2017_1_02.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:fru:finjrn:170102:p:22-38

Access Statistics for this article

Finansovyj žhurnal — Financial Journal is currently edited by Vladimir S. Nazarov

More articles in Finansovyj žhurnal — Financial Journal from Financial Research Institute, Moscow 125375, Russia Contact information at EDIRC.
Bibliographic data for series maintained by Gennady Ageev ().