FEDERAL BUDGET 2016 AS AN INDICATOR OF STATE ECONOMIC POLICY: DRIFT OR DEVELOPMENT?

The article provides a critical assessment of the current structure of the federal budget in conditions of passive economic policy in Russia. Problematic aspects of the draft federal budget 2016 were analyzed in the context of growing adverse trends in Russian economy. Special attention was paid to...

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Main Authors: Vladimir A. Slepov, Alla Yu. Chalova, Stanislav A. Baranovskiy
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2017-09-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
Subjects:
Online Access:https://vest.rea.ru/jour/article/view/115
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author Vladimir A. Slepov
Alla Yu. Chalova
Stanislav A. Baranovskiy
author_facet Vladimir A. Slepov
Alla Yu. Chalova
Stanislav A. Baranovskiy
author_sort Vladimir A. Slepov
collection DOAJ
description The article provides a critical assessment of the current structure of the federal budget in conditions of passive economic policy in Russia. Problematic aspects of the draft federal budget 2016 were analyzed in the context of growing adverse trends in Russian economy. Special attention was paid to the assessment of the new format of the draft federal budget 2016, its balancing in conditions of cyclic slump and recommendations aimed at intensifying anti-recession impact of the federal budget on Russian economy. The interconnection of the federal budget and economic policy being pursued in Russia was substantiated and the necessity to revise expenses to raise anti-crisis impact on economy was shown. The authors advanced a methodological approach to estimate the influence of concrete budget expenses on GDP through fiscal multipliers for the period of one, three and five years. Recommendations were offered on structuring budget expenses by the duration of their economic effects and role in stimulating economic activity.
format Article
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institution Kabale University
issn 2413-2829
2587-9251
language Russian
publishDate 2017-09-01
publisher Plekhanov Russian University of Economics
record_format Article
series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-280fcbb721a543fda1c3182f0e27167c2025-08-20T03:37:16ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512017-09-0101172610.21686/2413-2829-2016-1-17-26114FEDERAL BUDGET 2016 AS AN INDICATOR OF STATE ECONOMIC POLICY: DRIFT OR DEVELOPMENT?Vladimir A. Slepov0Alla Yu. Chalova1Stanislav A. Baranovskiy2Plekhanov Russian University of EconomicsPlekhanov Russian University of EconomicsPlekhanov Russian University of EconomicsThe article provides a critical assessment of the current structure of the federal budget in conditions of passive economic policy in Russia. Problematic aspects of the draft federal budget 2016 were analyzed in the context of growing adverse trends in Russian economy. Special attention was paid to the assessment of the new format of the draft federal budget 2016, its balancing in conditions of cyclic slump and recommendations aimed at intensifying anti-recession impact of the federal budget on Russian economy. The interconnection of the federal budget and economic policy being pursued in Russia was substantiated and the necessity to revise expenses to raise anti-crisis impact on economy was shown. The authors advanced a methodological approach to estimate the influence of concrete budget expenses on GDP through fiscal multipliers for the period of one, three and five years. Recommendations were offered on structuring budget expenses by the duration of their economic effects and role in stimulating economic activity.https://vest.rea.ru/jour/article/view/115«бюджет дрейфа»«бюджет развития»economic policyanti-cyclic budget policy'drift budget''development budget'anti-recession budget instrumentsbudget rulefiscal multiplierexpenses of nominal economic growthfactors of fiscal multipliers' intensifyingfactors of fiscal multipliers' weakeninganti-crisis structure of federal budget
spellingShingle Vladimir A. Slepov
Alla Yu. Chalova
Stanislav A. Baranovskiy
FEDERAL BUDGET 2016 AS AN INDICATOR OF STATE ECONOMIC POLICY: DRIFT OR DEVELOPMENT?
Вестник Российского экономического университета имени Г. В. Плеханова
«бюджет дрейфа»
«бюджет развития»
economic policy
anti-cyclic budget policy
'drift budget'
'development budget'
anti-recession budget instruments
budget rule
fiscal multiplier
expenses of nominal economic growth
factors of fiscal multipliers' intensifying
factors of fiscal multipliers' weakening
anti-crisis structure of federal budget
title FEDERAL BUDGET 2016 AS AN INDICATOR OF STATE ECONOMIC POLICY: DRIFT OR DEVELOPMENT?
title_full FEDERAL BUDGET 2016 AS AN INDICATOR OF STATE ECONOMIC POLICY: DRIFT OR DEVELOPMENT?
title_fullStr FEDERAL BUDGET 2016 AS AN INDICATOR OF STATE ECONOMIC POLICY: DRIFT OR DEVELOPMENT?
title_full_unstemmed FEDERAL BUDGET 2016 AS AN INDICATOR OF STATE ECONOMIC POLICY: DRIFT OR DEVELOPMENT?
title_short FEDERAL BUDGET 2016 AS AN INDICATOR OF STATE ECONOMIC POLICY: DRIFT OR DEVELOPMENT?
title_sort federal budget 2016 as an indicator of state economic policy drift or development
topic «бюджет дрейфа»
«бюджет развития»
economic policy
anti-cyclic budget policy
'drift budget'
'development budget'
anti-recession budget instruments
budget rule
fiscal multiplier
expenses of nominal economic growth
factors of fiscal multipliers' intensifying
factors of fiscal multipliers' weakening
anti-crisis structure of federal budget
url https://vest.rea.ru/jour/article/view/115
work_keys_str_mv AT vladimiraslepov federalbudget2016asanindicatorofstateeconomicpolicydriftordevelopment
AT allayuchalova federalbudget2016asanindicatorofstateeconomicpolicydriftordevelopment
AT stanislavabaranovskiy federalbudget2016asanindicatorofstateeconomicpolicydriftordevelopment