Analysis of Budgetary Debt in the Russian Federation. Methods of Repayment and Strategies for Preventing Its Accumulation

Said Batkibekov, Anna Zolotareva, Anastasia Kireeva, V. Krylov, Oleg Lugovoy, K. Nepesov, Seregy Sinelnikov, A. Ustinov and N. Chebotareva
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Said Batkibekov: Gaidar Institute for Economic Policy
Anna Zolotareva: Gaidar Institute for Economic Policy
Anastasia Kireeva: Gaidar Institute for Economic Policy
V. Krylov: Gaidar Institute for Economic Policy
Oleg Lugovoy: Gaidar Institute for Economic Policy
K. Nepesov: Gaidar Institute for Economic Policy
Seregy Sinelnikov: Gaidar Institute for Economic Policy
A. Ustinov: Gaidar Institute for Economic Policy
N. Chebotareva: Gaidar Institute for Economic Policy

Research Paper Series, 2003, issue 54P, 332

Abstract: One of the most significant challenges facing the budgetary sector in the Russian Federation over the past decade has been the issue of accounts payable. This paper examines the causes of various types of accounts payable and their structure. It analyzes the stages of development of budget legislation in the context of accounts payable issues at all levels of the budget system. International practices for preventing the accumulation of accounts payable are examined. Proposals have been developed to resolve the accumulated debt and prevent its recurrence in the future.

Keywords: Russian economy; budget debt; accounts payable; corporate governance; national model (search for similar items in EconPapers)
JEL-codes: H60 H61 H62 (search for similar items in EconPapers)
Date: 2003
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