Template-Type: ReDIF-Article 1.0 Author-Name: Vladimir V. Klimanov Author-Email: vvk@irof.ru Author-Workplace-Name: Russian Presidential Academy of National Economy and Public Administration (RANEPA), Moscow 119571, Russia Author-Name: Anna M. Korotkikh Author-Email: amk@irof.ru Author-Workplace-Name: Institute for Public Finance Reform, Moscow 125009, Russia Title: The Allocation of Intergovernmental Transfers: Theoretical Background and the Russian Practice Abstract: In conditions of high differentiation of regions at the level of economic and social development, intergovernmental transfers remain the main instrument of budgetary policy of the Russian Federation. The article describes the main trends of intergovernmental regulation in Russia in period between 2006 and 2015 and its theoretical framework which allowed the authors to determine the priorities of the Central government in this sphere. Classification-JEL: H50, H61, H70 Keywords: fiscal policy, intergovernmental fiscal relations, intergovernmental transfers, regional budgets Journal: Finansovyj žhurnal — Financial Journal Pages: 7-15 Issue: 5 Year: 2016 Month: October File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2016/5/statii/5_01.pdf File-Format: Application/pdf Handle: RePEc:fru:finjrn:160501:p:7-15