The second issue of the Financial Journal (ISSN 2075-1990) for the current year has been published - Volume 17, No. 2, 2025. This is a thematic issue. It is dedicated to the 10th anniversary of the creation of the Center for Participatory Budgeting of the Financial Research Institute (Moscow, Russian Federation). Largely due to the scientific and methodological work carried out at the center, citizen participation in the budget process has become one of the principles of the budget system of the Russian Federation, and the concept of "participatory budgeting" has taken root in the economic and political agenda of the country. Today, participatory budgeting is one of the key technologies for involving citizens in state and municipal governance. 

Thematic Articles of the Issue:

– D.A. Shatohin, E.A. Titov, V.A. Paksivatkina. Models of Digitalization of Initiative (Participatory) Budgeting

– B.V. Kupriyanov, E.M. Karpova, M.A. Shevelev. Potential of Participatory School Budgeting Practices in Improving Financial Literacy of Students

– N.G. Lukyanova, M.Yu. Slavgorodskaya, S.K. Nesgovorov. School Initiative Budgeting in St. Petersburg: Achievements and Growth Points

– V.V. Vagin, I.V. Petrova, M.V. Kurakolov. Initiative Budgeting in Central Asia and Transcaucasia: Prerequisites and Trajectories

– Ming Zhuang. Review of Participatory Budgeting Practices in China

Also in this issue are articles on financial literacy, venture investments and corporate finance.

The articles of the issue are openly available on the Financial Journal website and in the international database OAJI (Open Academic Journals Index). The articles of the journal are indexed in the international databases DOAJ (Directory of Open Access Journals) and RePEc (Research Papers in Economics).

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