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Fiscal Federalism And Regional Development In Russia

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  • Mechthild SCHROOTEN

    (German Institute of Economic Research (DIW), Königin-Luise-Strasse 5, 14195 Berlin)

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    Abstract

    Western economies with high-level performances such as the US, Germany and Switzerland are often organized as federations. In contrast to Russia, these federations display strong and well-designed structures of different levels of government institutions. International experience suggests that well- designed institutional structures are an important precondition for a strong and effective fiscal system. This paper thus focuses on the issue of asymmetric information and transaction costs between the center and the regions in the Russian Federation. Is the revision of the fiscal scheme a solution to the immense budgetary problems? What can Russia learn from the experiences of other countries?

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    File URL: http://region-developpement.univ-tln.fr/fr/pdf/R18/R18_Schrooten.pdf
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    Bibliographic Info

    Article provided by Region et Developpement, LEAD, Universite du Sud - Toulon Var in its journal Région et Développement.

    Volume (Year): 18 (2003)
    Issue (Month): ()
    Pages: 53-72

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    Handle: RePEc:tou:journl:v:18:y:2003:p:53-72

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    Keywords: FEDERALISM; FISCAL SYSTEM; RUSSIA;

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    References

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    1. Susan J. Linz & Gary Krueger, 1998. "Enterprise Restructuring in Russia's Transition Economy: Formal and Informal Mechanisms," William Davidson Institute Working Papers Series 152, William Davidson Institute at the University of Michigan.
    2. Kim, Byung-Yeon & Pirttilä, Jukka & Rautava, Jouko, 2001. "Money, Barter and Inflation in Russia," BOFIT Discussion Papers 15/2001, Bank of Finland, Institute for Economies in Transition.
    3. Brian Pinto & Vladimir Drebentsov & Alexander Morozov, 2000. "Give Macroeconomic Stability and Growth in Russia a Chance," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 8(2), pages 297-324, July.
    4. Bernhard Seidel & Mechthild Schrooten, 2000. "Fiscal Federalism and Financial Resources for Regional Development - Co-operative and Competitive Models: The International Experience - an Example for Russia?," Discussion Papers of DIW Berlin 220, DIW Berlin, German Institute for Economic Research.
    5. Sergei Aukutsionek, 1998. "Industrial barter in Russia," Post-Communist Economies, Taylor & Francis Journals, vol. 10(2), pages 179-188.
    6. Claudia M. Buch & Ralph P. Heinrich & Lusine Lusinyan & Mechthild Schrooten, 2000. "RussiaÂ’s Debt Crisis and the Unofficial Economy," Kiel Working Papers 978, Kiel Institute for the World Economy.
    7. Wallace E. Oates, 1999. "An Essay on Fiscal Federalism," Journal of Economic Literature, American Economic Association, vol. 37(3), pages 1120-1149, September.
    8. S.I. Boyarchenko & S.Z. Levendorskii, 2000. "Search-Money-and-Barter Models of Financial Stabilization," William Davidson Institute Working Papers Series 332, William Davidson Institute at the University of Michigan.
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