Interlevel Financial Flows in the Budget System of the Russian Federation

V. I. Klistorin ()
Additional contact information
V. I. Klistorin: Russian Academy of Sciences

Regional Research of Russia, 2019, vol. 9, issue 2, 118-125

Abstract: Abstract The article examines direct and reverse financial flows between regions and the federal center. The objectives of regional and budgetary policy are considered. The methodological problems of assessing the scope of financial flows and their interchangeability are discussed. The author agrees that donor and recipient regions should be distinguished according to the criterion of balance of all interlevel financial flows, rather than being based only on receipt of funding or transfers from the federal budget. Such an approach makes it possible to partially eliminate changes in budget legislation on allocation of funding to regions. Comparison of the results of studies conducted in 1996–1998 and now shows that the number of donor regions has slightly increased for the period under review. It was found that consolidation of public finances in Russia did not lead to a significant reduction in differentiation in the development levels for regions. A trend of partial replacement of interbudgetary transfers by direct federal budget expenditures is revealed.

Keywords: consolidated budget; financial flows; transfers; direct expenditures; donor regions; recipient regions; centralization of financial resources (search for similar items in EconPapers)
Date: 2019
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1134/S2079970519020060 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:rrorus:v:9:y:2019:i:2:d:10.1134_s2079970519020060

Ordering information: This journal article can be ordered from
https://www.springer ... cience/journal/13393

DOI: 10.1134/S2079970519020060

Access Statistics for this article

Regional Research of Russia is currently edited by Vladimir M. Kotlyakov and Vladimir A. Kolosov

More articles in Regional Research of Russia from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().