IDEAS home Printed from https://ideas.repec.org/a/taf/pocoec/v14y2002i3p301-319.html
   My bibliography  Save this article

The State Budget Compilation Process in Russia: Institutional Framework and Practice

Author

Listed:
  • Ichiro Iwasaki

Abstract

This article clarifies the institutional framework and practice of the state budget compilation process in Russia, taking the 2001 federal budget as an example. The budget was the first one compiled under the new national financial system, including the Budget Code of the Russian Federation, which came into force in January 2000. The Budget Code is greatly superior to the preceding one, in the socialist era, which regulated Russia's financial activities during the initial phase of the transition period. Under the new legal system the 2001 budget was drafted by the Ministry of Finance, approved by the government, submitted to the Federal Assembly, discussed at the State Duma and finally approved by the Federation Council. A detailed analysis of this process shows that a certain order is emerging in the budget compilation process due to the comparatively amicable relationship between the government and the Federal Assembly and because of the establishment of the new legal system, including the Budget Code. The new financial system, however, has many problems, indicating that Russia will not be able to accomplish institutional changes in this field all at once.

Suggested Citation

  • Ichiro Iwasaki, 2002. "The State Budget Compilation Process in Russia: Institutional Framework and Practice," Post-Communist Economies, Taylor & Francis Journals, vol. 14(3), pages 301-319.
    • Handle: RePEc:taf:pocoec:v:14:y:2002:i:3:p:301-319
    DOI: 10.1080/1463137022000013395
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/1463137022000013395
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/1463137022000013395?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Kornai Janos, 1994. "Transformational Recession: The Main Causes," Journal of Comparative Economics, Elsevier, vol. 19(1), pages 39-63, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Stephen Fortescue, 2017. "The role of the executive in Russian budget formation," Post-Communist Economies, Taylor & Francis Journals, vol. 29(4), pages 523-537, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bela Greskovits, 1999. "Consolidating Economic Reforms: the Hungarian Experience with Lessons for Poland," CASE-CEU Working Papers 0031, CASE-Center for Social and Economic Research.
    2. Eicher, Theo S. & Schreiber, Till, 2010. "Structural policies and growth: Time series evidence from a natural experiment," Journal of Development Economics, Elsevier, vol. 91(1), pages 169-179, January.
    3. Joanna Tyrowicz & Lucas van der Velde, 2017. "When the opportunity knocks: large structural shocks and gender wage gaps," GRAPE Working Papers 2, GRAPE Group for Research in Applied Economics.
    4. Bukvic, Rajko, 2010. "Foundations, Results and Perspectives of Transition: A Case of Serbia," Ekonomika, Journal for Economic Theory and Practice and Social Issues, Society of Economists Ekonomika, Nis, Serbia, vol. 56(4), December.
    5. Yang, Qing Gong & Temple, Paul, 2012. "Reform and competitive selection in China: An analysis of firm exits," Structural Change and Economic Dynamics, Elsevier, vol. 23(3), pages 286-299.
    6. Miss Catriona Purfield, 2003. "Fiscal Adjustment in Transition Countries: Evidence From the 1990's," IMF Working Papers 2003/036, International Monetary Fund.
    7. Eilat, Yair & Zinnes, Clifford, 2002. "The Shadow Economy in Transition Countries: Friend or Foe? A Policy Perspective," World Development, Elsevier, vol. 30(7), pages 1233-1254, July.
    8. Carstensen, Kai & Toubal, Farid, 2004. "Foreign direct investment in Central and Eastern European countries: a dynamic panel analysis," Journal of Comparative Economics, Elsevier, vol. 32(1), pages 3-22, March.
    9. Lobanov, M. & Zvezdanovic Lobanova, J. & Zvezdanovic, M., 2022. "Typologization of industrial systems in the countries of Central-Eastern and South-Eastern Europe," Journal of the New Economic Association, New Economic Association, vol. 56(4), pages 92-122.
    10. Lelkes, Orsolya, 2006. "Tasting freedom: Happiness, religion and economic transition," Journal of Economic Behavior & Organization, Elsevier, vol. 59(2), pages 173-194, February.
    11. Катышев П.К. & Полтерович В.М., 2006. "Политика Реформ, Начальные Условия И Трансформационный Спад," Журнал Экономика и математические методы (ЭММ), Центральный Экономико-Математический Институт (ЦЭМИ), vol. 42(4), октябрь.
    12. Cevdet Denizer & Holger C. Wolf, 1998. "Household Savings in Transition Economies," NBER Working Papers 6457, National Bureau of Economic Research, Inc.
    13. Pasquale Tridico & Maria Lissowska, 2010. "Approaches, Hopes and Reality in Transition Economies," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 4, December.
    14. repec:mje:mjejnl:v:12:y:2017:i:1:p:125-140 is not listed on IDEAS
    15. Iwasaki, Ichiro & 岩﨑, 一郎 & イワサキ, イチロウ, 2007. "Endogenous board formation and its determinants in a transition economy: evidence from Russia," CEI Working Paper Series 2007-1, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
    16. Artur Radziwill & Pawel Smietanka, 2009. "EU's Eastern Neighbours: Institutional Harmonisation and Potential Growth Bonus," CASE Network Studies and Analyses 0386, CASE-Center for Social and Economic Research.
    17. Piesse, Jenifer & Thirtle, Colin, 2000. "A Stochastic Frontier Approach to Firm Level Efficiency, Technological Change, and Productivity during the Early Transition in Hungary," Journal of Comparative Economics, Elsevier, vol. 28(3), pages 473-501, September.
    18. Wladimir Andreff, 2004. "Would a Second Transition Stage Prolong the Initial Period of Post-socialist Economic Transformation into Market Capitalism?," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 1(1), pages 7-31, June.
    19. Ichiro Iwasaki & Taku Suzuki, 2016. "Radicalism Versus Gradualism: An Analytical Survey Of The Transition Strategy Debate," Journal of Economic Surveys, Wiley Blackwell, vol. 30(4), pages 807-834, September.
    20. Wladimir Andreff & Madeleine Andreff, 2017. "Multinational companies from transition economies and their outward foreign direct investment," Post-Print hal-03207032, HAL.
    21. Mitra, Pradeep & Muravyev, Alexander & Schaffer, Mark E., 2009. "Convergence in institutions and market outcomes: cross-country and time-series evidence from the business environment and enterprise performance surveys in transition economies," Policy Research Working Paper Series 4819, The World Bank.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:pocoec:v:14:y:2002:i:3:p:301-319. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CPCE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.