Template-Type: ReDIF-Article 1.0 Author-Name: Nataliya V. Golovanova Author-Email: golovanova@nifi.ru Author-Workplace-Name: Financial Research Institute, Moscow, Russia Title: Measuring Budget Transparency: International and Russian Experience Abstract: Fiscal (budget) transparency is a concept that was developed in the 1990s and became particularly relevant in times of financial crisis. Recent studies show that improving transparency results in better budget performance, lower borrowing costs and reduced corruption. This review describes the main approaches used in budget transparency evaluation and is addressed to practitioners and researchers dealing with budget transparency. Classification-JEL: Keywords: insurance, export credits, political risk, commercial risk, factoring, indemnity bond, product innovation Journal: Finansovyj žhurnal — Financial Journal Pages: 98-107 Issue: 3 Year: 2015 Month: June File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2015/3/statii/11.pdf File-Format: Application/pdf Handle: RePEc:fru:finjrn:150311:p:98-107