Template-Type: ReDIF-Article 1.0 Author-Name: Darya V. Gorokhova Author-Email: dgorochova@yandex.ru Author-Workplace-Name: Finance University under the Government of the Russian Federation Title: Budget Risk Management of the Subjects of the Russian Federation: Modern View and Development Prospects Abstract: The article describes content, specific character and principles of budget risk management of the subjects of the Russian Federation. The special attention is given to assessment and minimization of budget risks. The measures of practical interest introduced in the article promote the introduction of the budget risk management in the budgetary process of the subjects of the Russian Federation. This introduction is of great importance in ensuring the sustainability and the balance of regional budgets and finally identifies the living standards of region and country in a whole. Classification-JEL: Keywords: budget risk, budget risk management, subjects of the Russian Federation, sustainability Journal: Finansovyj žhurnal — Financial Journal Pages: 55-62 Issue: 3 Year: 2013 Month: September File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2013/3/statii/2013_03_06.pdf File-Format: Application/pdf Handle: RePEc:fru:finjrn:130306:p:55-62