The Budgetary Financing of Socio-Cultural Sphere

B. Rudnik and Vera Romanova ()
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B. Rudnik: Institute of Public Resource Management, National Research University Higher School of Economics, Moscow, Russia

Journal of the New Economic Association, 2017, vol. 34, issue 2, 124-142

Abstract: The article presents the study results of data on budgetary financing of socio-cultural sphere, including its individual sectors, for the period from 2000 to 2015, from the funds of the consolidated budget of the Russian Federation and the Federal budget. In order to test the hypothesis that Russian Governments priority is the development of the socio-cultural sphere in the dynamics the article analyzes the indicators of public funding volumes, as well as the shares allocated to this sector from the budget funds in the total budget expenditures. Indicators of the socio-cultural sphere budgetary financing during indicated period are compared with similar indicators of the countries belonging to the Organization for economic cooperation and development. The article examines indicators of budgetary funds allocated for functioning and development of the sphere. Conclusions are made about a partial confirmation of the mentioned hypothesis. Under the conditions of hard budget restrictions the urgency of the task to increase an efficiency of budgetary expenses is being emphasized. The article analyzes the implementation of reforms that play a key role in completing this task.

Keywords: budget funds; budgetary financing; socio-cultural sphere; the consolidated budget of the Russian Federation; Federal budget; municipal services (search for similar items in EconPapers)
JEL-codes: H51 H52 H53 H55 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:nea:journl:y:2017:i:34:p:124-142

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