Template-Type: ReDIF-Article 1.0 Author-Name: Ivan V. Kostin Author-Email: iv_kostin@mail.ru Author-Workplace-Name: Kaluga Branch Budget and Treasury Academy of the Ministry of Finance of the Russian Federation, Kaluga, Russia Title: Public Financing of the Social Sector: the Regional Differences Abstract: The article author dwells on the Russian social sector development issues. He examines the differences observed in the level of budget revenue and budget expenditure found in various constituent territories of the Russian Federation. He takes the Kaluga region as an example, examines the way the municipal bodies get financing from the public budget and suggests the measures that should be taken to cope with the regional budget financing schemes’ inconsistency. Classification-JEL: I38, H75 Keywords: gross regional product, fiscal capacity, differences observed in the level of budget revenue and budget expenditure, social sector Journal: Finansovyj žhurnal — Financial Journal Pages: 151-158 Issue: 2 Year: 2011 Month: April File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2011/2/statii/2011_02_15.pdf File-Format: Application/pdf Handle: RePEc:fru:finjrn:110215:p:151-158