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Financial support of municipalities in the conditions of expansion of global integration

Author

Listed:
  • Gulzida I. Nemirova

    (Orenburg state University, Russia)

  • Leyla B. Mokhnatkina

    (Orenburg state University, Russia)

Abstract

The article presents an analysis of expenditure commitments and revenue powers of local governments. Basing on the analysis of expenditure commitments registry the author revealed an imbalance between expenditure commitments and sources of income municipalities. The article determines the influence of global integration, in particular of the Customs Union, on the socio-economic development of the Russian Federation and municipalities. The methods of increasing the financial resources of municipalities were suggested.

Suggested Citation

  • Gulzida I. Nemirova & Leyla B. Mokhnatkina, 2014. "Financial support of municipalities in the conditions of expansion of global integration," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 2, pages 151-158, June.
    • Handle: RePEc:fru:finjrn:140217:p:151-158
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    More about this item

    Keywords

    financial security; the municipality; the Customs Union; expenditure commitments; sources of income; finance;
    All these keywords.

    JEL classification:

    • H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • H74 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Borrowing
    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare

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