THE THEORY OF FISCAL FEDERALISM AND THE RUSSIAN PRACTICE

The efficiency of the system of inter-budget relations in any country largely depends on how it conforms to fundamental principles of the fiscal federalism that were given a deep theoretical insight by foreign and Russian economists. The construction of the fiscal federalism model in Russia has been...

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Main Authors: N. G. Ivanova, M. V. Tsepa
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2017-10-01
Series:Финансы: теория и практика
Subjects:
Online Access:https://financetp.fa.ru/jour/article/view/533
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author N. G. Ivanova
M. V. Tsepa
author_facet N. G. Ivanova
M. V. Tsepa
author_sort N. G. Ivanova
collection DOAJ
description The efficiency of the system of inter-budget relations in any country largely depends on how it conforms to fundamental principles of the fiscal federalism that were given a deep theoretical insight by foreign and Russian economists. The construction of the fiscal federalism model in Russia has been going at a slack pace due to objective difficulties of its implementation in the huge country with unevenly developed areas. At the same time, problems and contradictions that have by now accumulated in the practice of inter-budget relations have serious social and economic implications. The conclusion made in the paper substantiates the necessity of improving the current mechanism of inter-budget transfers, particularly, increasing the proportion of unconditioned transfers and reforming the procedure for granting federal subsidies. The authors propose some measures for overcoming the present crisis of sub-national budgets and ways to strengthen the tax potential of the Russian Federation.
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series Финансы: теория и практика
spelling doaj-art-d69df038aa5243a2ad3f5d67704892532025-08-20T03:59:53ZrusGovernment of the Russian Federation, Financial UniversityФинансы: теория и практика2587-56712587-70892017-10-01045463569THE THEORY OF FISCAL FEDERALISM AND THE RUSSIAN PRACTICEN. G. Ivanova0M. V. Tsepa1St. Petersburg State University of Economics, St. PetersburgSt. Petersburg State University of Economics, St. PetersburgThe efficiency of the system of inter-budget relations in any country largely depends on how it conforms to fundamental principles of the fiscal federalism that were given a deep theoretical insight by foreign and Russian economists. The construction of the fiscal federalism model in Russia has been going at a slack pace due to objective difficulties of its implementation in the huge country with unevenly developed areas. At the same time, problems and contradictions that have by now accumulated in the practice of inter-budget relations have serious social and economic implications. The conclusion made in the paper substantiates the necessity of improving the current mechanism of inter-budget transfers, particularly, increasing the proportion of unconditioned transfers and reforming the procedure for granting federal subsidies. The authors propose some measures for overcoming the present crisis of sub-national budgets and ways to strengthen the tax potential of the Russian Federation.https://financetp.fa.ru/jour/article/view/533inter-budget relationsfiscal federalisminter-budget transferstax potential of a russian federation subjectblock transfer (grant)reserve fund of a rusian federation subjectregional taxes
spellingShingle N. G. Ivanova
M. V. Tsepa
THE THEORY OF FISCAL FEDERALISM AND THE RUSSIAN PRACTICE
Финансы: теория и практика
inter-budget relations
fiscal federalism
inter-budget transfers
tax potential of a russian federation subject
block transfer (grant)
reserve fund of a rusian federation subject
regional taxes
title THE THEORY OF FISCAL FEDERALISM AND THE RUSSIAN PRACTICE
title_full THE THEORY OF FISCAL FEDERALISM AND THE RUSSIAN PRACTICE
title_fullStr THE THEORY OF FISCAL FEDERALISM AND THE RUSSIAN PRACTICE
title_full_unstemmed THE THEORY OF FISCAL FEDERALISM AND THE RUSSIAN PRACTICE
title_short THE THEORY OF FISCAL FEDERALISM AND THE RUSSIAN PRACTICE
title_sort theory of fiscal federalism and the russian practice
topic inter-budget relations
fiscal federalism
inter-budget transfers
tax potential of a russian federation subject
block transfer (grant)
reserve fund of a rusian federation subject
regional taxes
url https://financetp.fa.ru/jour/article/view/533
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AT mvtsepa thetheoryoffiscalfederalismandtherussianpractice
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