On the Strategy of improvement of the Russian pension system

Vladimir Nazarov and Sergey Sinelnikov-Murylev

Ekonomicheskaya Politika / Economic Policy, 2009, vol. 3, 150-177

Abstract: There is a common point of view, according to which in the period of economic crisis, it is advisable to conduct a so-called counter-cyclical fiscal policy, which would lead to a reduction of the tax burden and to enhance the role of public expenditure in the economy. The Russian counter-cyclical fiscal policy is provided by the progressiveness of export duties on crude oil at world prices, as well as with the ability to use in times of economic recession accumulated during the favorable situation of the Reserve Fund. For more countercyclical and provide income tax receipts which are volatile to a much greater extent than the dynamics of gross domestic product.

Keywords: crisis; fiscal police; taxes; gross domestic product (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://repec.ranepa.ru/rnp/ecopol/0937.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rnp:ecopol:0937

Access Statistics for this article

Ekonomicheskaya Politika / Economic Policy is currently edited by Vladimir Mau

More articles in Ekonomicheskaya Politika / Economic Policy from Russian Presidential Academy of National Economy and Public Administration Contact information at EDIRC.
Bibliographic data for series maintained by RANEPA maintainer ().