Goal Setting of Youth Practices of Participatory Budgeting

Natalia G. Ivanova () and Vitalii A. Fedosov ()
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Natalia G. Ivanova: St. Petersburg State University of Economics, Saint Petersburg 191023, Russian Federation
Vitalii A. Fedosov: St. Petersburg State University of Economics, Saint Petersburg 191023, Russian Federation

Finansovyj žhurnal — Financial Journal, 2021, issue 2, 83-92

Abstract: Participatory budgeting in the Russian Federation is experiencing a new round of development. The practices of participatory budgeting, which are implemented by state and local governments, are becoming more and more diverse. Some of them involve people who are not well-represented in standard practices, for example, people with disabilities, young people etc. The authors conduct a study of the development of participatory budgeting practices for young people, highlight their characteristic features, and summarize foreign and Russian experience. A key aspect of designing the practice of participatory budgeting is its goal setting. The article systematizes the goals of participatory budgeting practices for “adults” and, based on the available data, determines the priorities of goal setting for youth participatory budgeting practices. The authors substantiate the relationship between the practices of participatory budgeting for young people and programs to improve budget literacy.

Keywords: youth practices of participatory budgeting; school practices of participatory budgeting; goal setting; budget literacy (search for similar items in EconPapers)
JEL-codes: H72 R50 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:210206:p:83-92

DOI: 10.31107/2075-1990-2021-2-83-92

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