Assessment of regional budget balance in the Russian Federation

Sedova N.V.1, Bolotov R.O.1
1 Российский экономический университет им. Г.В. Плеханова

Journal paper

Russian Journal of Entrepreneurship *
Volume 19, Number 6 (June 2018)
* Этот журнал не выпускается в Первом экономическом издательстве

Citation:

Abstract:
The article deals with the problem of regional budget planning, which is expressed in the assessment of regional budget balance and differentiation. The approach to the budget balance is expressed in the assessment of the deficit/surplus of regional budgets – on the basis of this parameter clustering of regions by k-means method in the software IBM SPSS-Statistics. It also analyzes the process of regional lending, in the context of lending sources. In addition, a number of regions are considering the problem of dependence of their financial system on uncompensated receipts from the Federal center. The article is based on data of the Ministry of Finance of the Russian Federation, the accounts chamber of the Russian Federation, as well as data of the Federal state statistics service. On the basis of the available data we created charts, tables, as well as author's calculations were carried out. The results of the study revealed that within the regional budget planning there are the following problems: excessive debt load of the regions, including through commercial credit institutions; the vulnerability of regions to macroeconomic short-term factors that lead to imbalances in regional budgets, which leads to the following output - only 10 regions of the Russian Federation have a stable financial system. This article can be a practical guide in the development of state regional policy.

Keywords: regional differentiation, budget planning, federal budget, budget loan, uncompensated receipts, budget capacity

JEL-classification: H60, H61, H77, H69, H79

References:

Afanasev R.S., Golovanova N.V. (2016). Otsenka effektivnosti byudzhetnyh raskhodov: federalnyy i regionalnyy opyt [Evaluation of the efficiency of budget expenditures: Federal and regional experience]. Financial Analytics: Science and Experience. (2). 56-64. (in Russian).
Chernyavskiy A.V. (2014). Problemy sbalansirovannosti regionalnyh byudzhetov [Problems of balance of regional budgets]. Finance. (8). 21-25. (in Russian).
Gamukin V.V. (2014). Upravlenie riskom nesbalansirovannosti regionalnyh byudzhetov [Managing the risk of regional budget imbalances]. Regional Economics: Theory and Pactice. (1). 31-38. (in Russian).
Polyak G.B. (2015). Byudzhetnaya sistema Rossii [The budget system of Russia] M.: YuNITI-DANA. (in Russian).
Ponomarenko I.V. (2016). Istoricheskiy aspekt stanovleniya i razvitiya byudzhetnogo federalizma v Rossiyskoy Federatsii [The Historical Aspect of Formation and Development of Budgetary Federalism in the Russian Federation]. Current problems of Russian law. (6(67)). 133-140. (in Russian). doi: 10.17803/1994-1471.2016.67.6.133-140.
Senchagov V.K. i dr. (2015). Byudzhet Rossii: razvitie i obespechenie ekonomicheskoy bezopasnosti [Russia's budget: development and economic security] M.: NITs INFRA-M. (in Russian).
Smagina I.M., Tibo M.G. (2017). Problemy i perspektivy sovershenstvovaniya sistemy mezhbyudzhetnyh otnosheniy v Rossiyskoy Federatsii [Problems and prospects of improving the system of inter-budgetary relations in the Russian Federation]. Socio-economic phenomena and processes. (2). 115-121. (in Russian).
Yushkov A., Savulkin L., Oding N. (2017). Intergovermental relations in Russia: still a pendulum? Public Administration. (5). 38-59. doi: 10.17323/1999-5431-2017-0-5-38-59.
Официальный портал Министерства Финансов Российской Федерации. (in Russian). Retrieved from https://www.minfin.ru/ru
Официальный портал Федеральной службы государственной статистики. (in Russian). Retrieved from http://www.gks.ru
Путин распорядился за счет бюджета помочь регионам с большими долгамиRbc.ru. (in Russian). Retrieved from https://www.rbc.ru/economics/31/10/2017/59f86cae9a7947c822f0e54e

Страница обновлена: 26.03.2025 в 16:35:41