Template-Type: ReDIF-Article 1.0
Author-Name: Mikhail V. Milchakov
Author-Email: milchakovmv@mail.ru
Author-Workplace-Name: Expert in the Field of Regional Policy and Intergovernmental Fiscal Relations
Title: Heavily Non-Purpose Grants-Financed Russian Regions: Budgetary Conditions and Tools of State Support
Abstract: The increased budget constraints on the federal level, the problem of heavily non-purpose grants-financed regions with weak own revenue base, which stability should be supported by growing share of state resources, determine the necessity for analysis of support measures efficiency. The author uses official quantitative data from open sources and analyses the features of economic and budget position of heavily non-purpose grants-financed regions in accordance with the special framework for budget process on their territory. In addition, the author considers measures of federal support in the form of non-purpose grants allocation as well as in the form of investment support connected with federal target programs execution and special economic zones functioning. The article includes proposals to improve these tools of regional development. The implementation of formulated proposals will stimulate the increase of budget expenditure efficiency and the decrease in federal support dependence.
Classification-JEL: H61, H77, R58
Keywords: heavily non-purpose grants-financed regions, non-purpose grants, intergovernmental subsidies, intergovernmental transfers, regional equalization, federal target programs, special economic zones
Journal: Finansovyj žhurnal — Financial Journal
Pages: 22-38
Issue: 1
Year: 2017
Month: February
File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2017/1/statii_1/fm_2017_1_02.pdf
File-Format: Application/pdf
Handle: RePEc:fru:finjrn:170102:p:22-38