Status of Initiative Budgeting in the Russian Federation: New Trends and Opportunities for Development

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

Finansovyj žhurnal — Financial Journal, 2018, issue 1, 110-122

Abstract: The article presents the results of monitoring of the initiative budgeting (IB) programs and practices in the Russian Federation for 2016 — in its 35 subjects. It analyzes the IB programs administration strategies, sources and forms of budgetary allocation for the IB projects, general and special legal regulations, parameters of the regional IB practices, and conditions of institutional infrastructure at the regional level. The authors attempt to systemize the programs and practices of the IB and also formulate and describe the criteria for IB development evaluation in the Russian Federation regions. The proposed approach, as well as the analysis of the indicators of the IB regional programs and practices, made it possible to form TOP 15 subjects of the Russian Federation leading in initiative budgeting in 2016. The IB indicators for 2015–2016 and its development pace in 2017 give the reason to predictic positive dynamics of qualitative and quantitative indicators, and also create prerequisites for the successful implementation of the Program for the Initiative Budgeting Development in the Russian Federation for the medium-term period, developed by the Ministry of Finance of the Russian Federation.

Keywords: initiative budgeting; participatory budgeting; citizens’ involvement; co-financing; development of public infrastructure; local government; local government expenditures (search for similar items in EconPapers)
JEL-codes: H72 H76 H79 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:180109:p:110-122

DOI: 10.31107/2075-1990-2018-1-110-122

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