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Diversification of Fiscal Policy as a Tool of Industrial Development Stimulation

Author

Listed:
  • Dmitriy I. Babansky

    (Russian Presidential Academy of National Economy and Public Administration)

Abstract

This article analyzes the impact of the current taxation system on the development of Russian industries and provides a way of short-term rehabilitation of the existing situation in the real sector. This issue is being discussed at different levels of the vertical power structure, as the economic development of the country depends on circumstances in the industry and its competitiveness. On the other hand, the lop-sided distribution of the tax burden and the reduction of import barriers have a negative impact on the development of particular industry sectors.

Suggested Citation

  • Dmitriy I. Babansky, 2014. "Diversification of Fiscal Policy as a Tool of Industrial Development Stimulation," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 3, pages 96-103, September.
    • Handle: RePEc:fru:finjrn:140310:p:96-103
    as

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