Template-Type: ReDIF-Article 1.0 Author-Name: Igor Yu. Arlashkin Author-Email: igor-arlashkin@mail.ru Author-Workplace-Name: Russian Presidential Academy of National Economy and Public Administration Author-Name: Alexander N. Deryugin Author-Email: deryugin@ranepa.ru Author-Workplace-Name: Russian Presidential Academy of National Economy and Public Administration Author-Name: Kseniya A. Proka Author-Email: proka-ka@ranepa.ru Author-Workplace-Name: Russian Presidential Academy of National Economy and Public Administration Title: Development of Long-term Budget Outlook: Regional Aspect Abstract: The article attempts to develop recommendations to regional authorities of the Russian Federation on developing long-term fiscal projections that enable to estimate the length and extent of changes in the public sector, which may arise as a result of the impact of economic and demographic factors. These recommendations include the ones on the predicting a number of demographic and economic indicators, as well as the parameters of regional budgets and are based on best practice of long-term forecasting in foreign countries. The article also provides guidance on assessing the sustainability of long-term projections to changes in individual demographic, economic or other factors. Classification-JEL: Keywords: long-term forecast, long-term fiscal planning, subnational budgets, regional fiscal policy Journal: Finansovyj žhurnal — Financial Journal Pages: 63-74 Issue: 3 Year: 2015 Month: June File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2015/3/statii/07.pdf File-Format: Application/pdf Handle: RePEc:fru:finjrn:150307:p:63-74