Transformation of Budgetary Policy in Russia during the 2000s: in Quest of National Fiscal Sustainability
AbstractThe crisis of 2008—2009 gave start to a new phase of budgetary policy in Russia. Despite the fact that at present the state of Russian budget seems much better than in most of developed countries, high dependence on oil and gas tax revenues and revealed trends in the structure of budget liabilities point out high persistence risks of budget imbalance in the long run. Reinsuring fiscal and macroeconomic stability requires some urgent and important reforms both in tax and budgetary policy.
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Bibliographic InfoArticle provided by N.P. Redaktsiya zhurnala "Voprosy Economiki" in its journal Voprosy Economiki.
Volume (Year): 1 (2011)
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- Georgy Idrisov & Sergey Sinelnikov-Murylev, 2013.
"Budget Policy and Economic Growth,"
0076, Gaidar Institute for Economic Policy, revised 2013.
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