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Financial competency of the Russian Federation subject

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  • Iu.A.Krokhina

Abstract

In order to build fiscal federalism in Russia and not to destroy the national state itself as well as not to impede concentration on its level of financial resources needed to fulfill federal obligations, regional financial competencies should be clearly delimited. Legally this competency should be reflected in the budget law codifying the symmetry of financial interests of regions. The paper analyzes the concept of budgetary competency and main features of budgetary management in the Russian Federation as an integral state and in its subjects as administrative spatial units. Particular attention is paid to those RF powers that reinforce its federal nature.

Suggested Citation

  • Iu.A.Krokhina, 2001. "Financial competency of the Russian Federation subject," Journal "Region: Economics and Sociology", Institute of Economics and Industrial Engineering of Siberian Branch of RAS, vol. 2, pages 14-21.
    • Handle: RePEc:nos:regioe:2001-2_2
    Note: Regional Policy and Legal Framework of Federalism
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