Template-Type: ReDIF-Article 1.0
Author-Name: Vitalii A. Fedosov
Author-Email: fedosov.vitali@gmail.com
Author-Workplace-Name: Saint Petersburg State University of Economics, Saint Petersburg 191023, Russia
Author-Name: Valeriya V. Bogatchenko
Author-Email: bogatchenkovaleria@gmail.com
Author-Workplace-Name: Saint Petersburg State University of Economics, Saint Petersburg 191023, Russia
Title: Financial Mechanism of Participatory Budgeting in the Russian Federation
Abstract: Participatory budgeting is one of the most actively developing forms of public participation in the budget process. Participatory budgeting practices implemented in the Russian Federation differ significantly from each other, which suggests that it is necessary to study further their financial mechanism. The authors has summarized the features of the financial mechanism in the implementation of various practices of participatory budgeting, and has highlighted and described the elements related to the following: implementation of participatory budgeting projects; accompanying participatory budgeting practices; and maintenance of objects created as a result of participatory budgeting practices implementation. The problems that are arising in the process of financing various participatory budgeting practices are systematized, and possible ways of solving them are proposed.
Classification-JEL: H72, R50
Keywords: participatory budgeting, budget, financial mechanism, co-financing, subsidy
Journal: Finansovyj žhurnal — Financial Journal
Pages: 117-127
Issue: 3
Year: 2019
Month: June
DOI: 10.31107/2075-1990-2019-3-117-127
File-URL: https://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2019/3/statii/fm_2019_3_09.pdf
File-Format: Application/pdf 
Handle: RePEc:fru:finjrn:190309:p:117-127