Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Subnational Budgeting In Russia
Download Subnational Budgeting In Russia full books in PDF, epub, and Kindle. Read online Subnational Budgeting In Russia ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Subnational Budgeting in Russia by : Lev M. Freinkman
Download or read book Subnational Budgeting in Russia written by Lev M. Freinkman and published by World Bank Publications. This book was released on 1999-01-01 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Not only are Russia's regions economically diverse, but the policies that regional governments have adopted to deal with the strains of economic transition also vary widely. Some regions have generally embraced market reforms, while others have sought to preserve enclaves of socialism, with price restrictions, large subsidies, and barriers to trade." Reforms of Russia's budgetary system at the subnational level are vital to preserve macroeconomic stability, improve the efficiency and accountability of government, and enhance incentives for local and regional governments to vigorously support economic growth. Previous analytical and reform efforts have focused on possible changes at the federal level and in the system of center-region relations. An opportunity now exists to make progress by providing reform advice and conditional aid to policymakers at the regional and subregional level. This report focuses on opportunities for reform at the subnational level. It reviews recent trends in fiscal adjustment, budgeting, and government debt at the regional and local levels in Russia. It analyzes major problems and suggests a number of measures and performance indicators that could form part of a reform strategy initiated by the Government of Russia.
Book Synopsis Subnational Budgeting in Russia by : Lev Freinkman
Download or read book Subnational Budgeting in Russia written by Lev Freinkman and published by . This book was released on 2014 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most previous fiscal reforms in Russia have focused on problems at the federal level or in the system of federal transfers to the regional governments. This report focuses instead on opportunities for reform at the subnational level. It reviews recent trends in fiscal adjustment, budgeting, and government debt at the regional and local levels in Russia. It analyzes major problems and suggests a number of measures and performance indicators that could form part of a reform strategy initiated by the Government of Russia.Key directions for subnational fiscal reform include the following.Clarification of Subnational Government Functions. Subnational governments need to complete the clarification of responsibilities between public and private sectors as well as between regional and municipal government levels. Both of these have direct implications for fiscal performance of subnational governments.Developing a Regulatory Framework. Subnational governments need to adopt regional and local laws and regulations that are consistent with federal laws and enhance the transparency, predictability, and accountability of the budget process. Laws and regulations should clarify responsibilities within regional and local governments and legislatures for budget preparation, approval, implementation, and control.Budget Consolidation. Major forms of off-budget activities (especially extrabudgetary funds, tax exemptions, budget guarantees, and noncash government operations) need to be reduced in scope and integrated within the regular budget.Budget Preparation and Expenditure Management. Necessary reforms cover several key areas: (i) reorganization of budget classification system; (ii) introduction of expenditure accounting on the commitment basis; (iii) establishing a treasury system of budget execution; (iv) expansion of competitive tendering for public procurement; (v) introduction of new budgeting principles in key sectors (such as education and health); (vi) improvements in budget preparation to reduce the need for budget sequestration; (vii) strengthening the budget audit function; and (viii) adoption of standards for budget disclosure.
Book Synopsis Russia's Transition to a New Federalism by : Jorge Martinez-Vazquez
Download or read book Russia's Transition to a New Federalism written by Jorge Martinez-Vazquez and published by World Bank Publications. This book was released on 2001-01-01 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: WBI Learning Resources discuss issues in economic development policy and lessons from experience in a way that can be understood by non-specialists. This is the first in a series that will look at governance and decentralisation and looks at the implications of federalism on the growth of Russia's economy. In particular it looks at the impact of fiscal decentralisation as the way intergovernmental finances are resolved influences the transition and macroeconomic stability.
Book Synopsis Decentralization in Regional Fiscal Systems in Russia by : Lev M. Freinkman
Download or read book Decentralization in Regional Fiscal Systems in Russia written by Lev M. Freinkman and published by World Bank Publications. This book was released on 1999 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: April 1999 - Considering the positive impact decentralization has had on regional economic performance and expenditure structure, Russia's federal government should: Decisively protect local self-governance and budget autonomy; Make intergovernmental fiscal relations more transparent; Develop universal models of interactions between regional and municipal governments; Impose stricter limits on total debt and budget deficits of subnational governments. To shed light on decentralization in Russia, Freinkman and Yossifov examine intergovernmental fiscal relations within regions. To analyze trends, they review channels of fiscal allocation within regions-tax sharing and local transfer schemes. To evaluate the potential impact of various fiscal decentralization patterns on regional economic performance (including growth and the budget deficit), they study data on the structure of 89 Russian consolidated regional budgets for 1992-96. They find that local governments' relative share of Russia's consolidated budget, although substantive (roughly a quarter of the total budget), did not expand after 1994. The federal government's relative role in financing public goods and services declined as the relative role of local governments increased substantially. Local governments collected more revenues in 1996 (6.4 percent of GDP) and spent more than regional governments. They also substantially increased social financing (including health, education, and social protection). Russia made no progress toward a more transparent system for tax assignments. The average level of expenditure decentralization is similar for ethnically Russian regions and national republics and okrugs but revenue arrangements differ greatly. True decentralization has taken place in oblasts and krais, where local authorities are provided with a bigger share of subnational tax revenues. A redistribution model applies in republics and autonomous okrugs, where greater local outlays have been financed through larger transfers from regional governments. Regions near each other tend to have similar budget arrangements-the result of intensive interactions between neighbors and probably supported by the activities of regional associations. The size of a region's territory does not influence decentralization outcomes. Fiscal decentralization seems positively related to the share of education spending in regional budgets. And regions with more decentralized finances tend to experience less economic decline. But budget control is weaker in more decentralized regions. Instability and lack of transparency in intergovernmental fiscal relations provide subnational governments little incentive for responsible fiscal policy. Further decentralization without greater transparency could bring greater debt and deficits. This paper-a product of the Poverty Reduction and Economic Management Sector Unit, Europe and Central Asia Region - is part of a larger effort in the unit to study fiscal decentralization in transition economies. Lev Freinkman may be contacted at [email protected].
Book Synopsis Comparative Public Budgeting by : George M. Guess
Download or read book Comparative Public Budgeting written by George M. Guess and published by Cambridge University Press. This book was released on 2021-01-07 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: This analysis of budgetary systems and policies across the world examines how politics, culture, and economics influence public finance.
Book Synopsis Reforming Regional-local Finance in Russia by : Jorge Martinez-Vazquez
Download or read book Reforming Regional-local Finance in Russia written by Jorge Martinez-Vazquez and published by World Bank Publications. This book was released on 2006-01-01 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: The exposition is based on an analytical framework covering all ?building blocks? of fiscal federalism: size and structure of jurisdictions, expenditures, revenues, transfers, and borrowing. The application of this framework to Russian settings results in a comprehensive assessment of the state of intergovernmental fiscal relations in Russia.
Book Synopsis Regional Disparities and Fiscal Federalism in Russia by : Oksana Dynnikova
Download or read book Regional Disparities and Fiscal Federalism in Russia written by Oksana Dynnikova and published by International Monetary Fund. This book was released on 2021-05-20 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines how regional disparities have evolved in Russia and how Russia’s system of intergovernmental fiscal relations is managing these disparities. Regional disparities have fallen over the past two decades but remain relatively high. Socioeconomic outcomes remain worse in lagging regions despite faster growth and convergence in income levels. The twin shocks of COVID-19 and lower oil prices appear to have impacted richer regions disproportionately. Compared to other large countries with federal systems of government, Russia stands out with its high reliance on direct taxes as a revenue source for its regions. Transfers from the federal budget to the regions provide some redistribution by reducing the dispersion in real per capita fiscal spending, but also tend to be associated with lower growth. The Russian fiscal system offers degrees of redistribution and risk sharing of around 26 and 18 percent, respectively—with in-kind social transfers contributing the most. Finally, federal transfers in the aggregate tend to be procyclical and are also fairly unresponsive to shocks to regions’ own revenues.
Book Synopsis The Fiscal Structure of the Russian Federation by : A. M. Lavrov
Download or read book The Fiscal Structure of the Russian Federation written by A. M. Lavrov and published by M.E. Sharpe. This book was released on 2000 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study of the allocation of state and public financial resources in the Russian Federation. Among the problems documented are the very high differentiation of the regions in terms of level of development, public welfare and self-sufficiency; and inefficiencies in the taxation system.
Book Synopsis Fiscal Decentralization by : Peter Friedrich
Download or read book Fiscal Decentralization written by Peter Friedrich and published by . This book was released on 2004 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Performance-Based Budgeting in the Public Sector by : Michiel S. de Vries
Download or read book Performance-Based Budgeting in the Public Sector written by Michiel S. de Vries and published by Springer. This book was released on 2019-01-30 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comparative analysis of performance budgeting and financing implementation, and examines failures and successes across both developed and developing countries. Beginning with a review of theoretical research on performance budgeting and financing, the book synthesises the numerous studies on the subject. The book describes the situation in the US, Australia, New Zealand, Germany, Austria and Switzerland, Netherlands and Italy, as well as in seven developing countries - Bulgaria, Czech Republic, Slovakia, Slovenia, Ukraine, Russia and South Africa, at the national, and at the local level. Each chapter provides historical and descriptive details of successful or failed experiments in performance budgeting and performance financing.
Author :Jean-Jacques Dethier Publisher :Springer Science & Business Media ISBN 13 :9780792379096 Total Pages :484 pages Book Rating :4.3/5 (79 download)
Book Synopsis Governance, Decentralization and Reform in China, India and Russia by : Jean-Jacques Dethier
Download or read book Governance, Decentralization and Reform in China, India and Russia written by Jean-Jacques Dethier and published by Springer Science & Business Media. This book was released on 2000-09-30 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in Governance, Decentralization and Reform in China, India and Russia, which were presented at a ZEF conference in May 1999, deal with three critical aspects of governance in China, India, and Russia: political reforms at the local level; fiscal reforms in intergovernmental relations; and legal reforms. The volume collects contributions from 24 outstanding economists, political scientists and legal specialists including Vito Tanzi, Daniel Treisman, Pranab Bardham, Jean Drèze, Katharina Pistor and Kathryn Hendley. Distorted economic and political incentive structures, capture of the state by powerful élites and inoperative legal systems are factors that have greatly complicated the political economy of reform in these three large countries with heterogeneous populations. Addressing these political and institutional issues is essential to designing good policies. One particular goal of this volume is to bring together new analytical insights and empirical evidence on governance, a new and growing field of research. The volume is divided into three parts: fiscal federalism; decentralization and provision of local public goods; and legal reforms. Part I discusses the role of incentives in fiscal federalism. The papers analyze the effects of different revenue-sharing mechanisms between different levels of government, in particular the effects on regional growth and inequality and the incentives that local politicians may have to provide public goods depending on fiscal arrangements with the central government. In adapting their governance structures, all three countries have been striving for increased decentralization. But the theoretical literature suggests that, in a decentralized setting, second-best solutions must prevail: it is not possible to ensure incentive compatibility simultaneously with optimal allocation of resources and a balanced budget in providing public goods. Part II discusses taxation and public expenditure management both as a political and as a budgetary process. Two questions which the papers address are: Does participation of stakeholders and accountability of public authorities improve economic and social outcomes? Does better governance in the provision of basic goods such as health care and education improve equity? While decentralization is often seen as a way to improve the quality of public services, rule-based governance is viewed as a safeguard against the arbitrariness of public officials and weaknesses in law enforcement. The five papers in Part III focus on the rule of law; the role of the judicial system in establishing a rule-based economy; and the effectiveness of legal institutions during the transition from socialism to a market economy. They present overviews of current legal reform issues in the three countries and discuss various conceptual approaches to addressing legal reform issues.
Book Synopsis Dismantling Russia's Nonpayments System by : Brian Pinto
Download or read book Dismantling Russia's Nonpayments System written by Brian Pinto and published by World Bank Publications. This book was released on 2000-01-01 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: One question preoccupies many scholars and practitioners: How can economic growth in the Russian Federation be reinvigorated? This report contributes to the current debate.Nonpayments in Russia evolved into a complex, inter-linked system over the latter half of the 1990s, becoming one of the most critical issues facing policymakers. This paper analyzes this system, including its origins, its evolution, the factors that now perpetuate it, and its costs, and identifies a minimum set of economic reforms needed to dismantle it. The paper also proposes answers to key questions about nonpayments, including: • How has its course been influenced by government policy at the federal and subnational levels? • What are the links with macroeconomic policy? • What is the role of the energy sector, and how has the system affected the way businesses operate? • What are the implications for economic growth? • How indeed, as part of Russia's transition to a monetized, market economy, did the nonpayments system come to exert a stranglehold on virtually every aspect of the economy? This report will be of interest to policymakers and economists interested in transition economies.
Book Synopsis Federalism and democratisation in Russia by : Cameron Ross
Download or read book Federalism and democratisation in Russia written by Cameron Ross and published by Manchester University Press. This book was released on 2013-07-19 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This electronic version has been made available under a Creative Commons (BY-NC-ND) open access license. Building on earlier work, this text combines theoretical perspectives with empirical work, to provide a comparative analysis of the electoral systems, party systems and governmental systems in the ethnic republics and regions of Russia. It also assesses the impact of these different institutional arrangements on democratization and federalism, moving the focus of research from the national level to the vitally important processes of institution building and democratization at the local level and to the study of federalism in Russia.
Book Synopsis OECD Economic Surveys: Russian Federation 2000 by : OECD
Download or read book OECD Economic Surveys: Russian Federation 2000 written by OECD and published by OECD Publishing. This book was released on 2000-03-08 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2000 edition of OECD's periodic review of Russia's economy examines recent economic developments, policies and prospects and includes special features on demonetisation and fiscal federalism.
Book Synopsis The Oxford Handbook of the Russian Economy by : Michael Alexeev
Download or read book The Oxford Handbook of the Russian Economy written by Michael Alexeev and published by Oxford University Press. This book was released on 2013-07-18 with total page 864 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook is the most comprehensive up-to-date study of the Russian economy available. Russian and western authors analyze the current economic situation, trace the impact of Soviet legacies and of post-Soviet transition policies, examine the main social challenges, and propose directions for reforms.
Book Synopsis Transition, Taxation and the State by : Gerard Turley
Download or read book Transition, Taxation and the State written by Gerard Turley and published by Routledge. This book was released on 2017-11-30 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: In economic terms three of the most important and controversial issues of our times are transition, taxation and the role of the state. This book examines the core associated problems of tax payment and collection in the context of transition from a centrally planned economy to a market economy and the persistence of the 'soft budget' constraint. While differences between the experiences of transition states vary, the attitude of the state towards the control of the tax discipline, its efficiency and vulnerability to corruption is shown to be a key issue, in particular when political constraints are often more pressing than tax design or economic constraints. Transition, Taxation and the State will prove detailed and enlightening reading for all those concerned with tax administration in transition countries from both economic and political perspectives.
Book Synopsis Investment Policy in Russia by : Philippe Le Houerou
Download or read book Investment Policy in Russia written by Philippe Le Houerou and published by World Bank Publications. This book was released on 1995-01-01 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studies of Economies in Transformation No. 17.Redefines the role of government during the transition of Russia from a command economy to a market based economy.The role of government in investment financing is one of the major issues dominating public debate on economic policy in the former Soviet Union.This study describes and analyses recent investment trends, changes in structural patterns, and policies in Russia. The author examines five key aspects of economic policy and investment: price distortions; uncertainty; inflation; the legal, regulatory, and security framework; and the tax regime.The study also outlines the principles and major building blocks of a new market-based investment policy in the former Soviet Union, the scope of government-financed investment, and the management and instruments of that investment.Also available in Russian: (ISBN 0-8213-3564-2) Stock No. 13564.
