Factors, Opportunities and Restrictions for the Development of Initiative Budgeting in the Russian Federation

Vladimir V. Vagin (), Natalia Shapovalova and Nadezda V. Gavrilova ()
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Vladimir V. Vagin: Financial Research Institute, Moscow 127006, Russia
Nadezda V. Gavrilova: Financial Research Institute, Moscow 127006, Russia

Finansovyj žhurnal — Financial Journal, 2017, issue 1, 103-113

Abstract: In the article the author makes the attempt to reveal the factors, opportunities and restrictions for the development of initiative budgeting (IB) in the Russian Federation. The methodology of the research includes the analysis of legal documents, statistical data about realization of IB practices in the regions, expert survey findings, materials from open sources and the analysis of the regions’ participation in the Agreement on the initiative budgeting development in the Russian Federation in the years 2016–2018, which was signed between the Ministry of Finance of the Russian Federation and the World Bank. The Agreement is based on the idea of duplication of the best Russian and foreign practices in the field of IB through methodologic, educational and consultation support to the authorities of the regions of the Russian Federation. Russian regions, based on their interest to initiative budgeting practices, are systematized into two groups. There are 44 involved and 41 undecided regions revealed. The author suggests descriptive characteristics for each group of regions and gives detailed commentaries for some regions. That helps to reveal a set of factors, that contribute to the IB development in the regions. These factors are also systematized into four groups: political-administrative, economic, social and institutional. Moreover, the author offers for each group of factors the justification of why and how they determine the dynamics of IB development in regions. The practical importance of the article is the ability to stimulate and predict the further development of the IB practice in Russia.

Keywords: initiative budgeting; participatory budgeting; development factors; citizen involvement; participation of citizens; budget (search for similar items in EconPapers)
JEL-codes: H72 H76 H79 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:170108:p:103-113

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