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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)

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?

Suggested Citation

  • Mechthild SCHROOTEN, 2003. "Fiscal Federalism And Regional Development In Russia," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 18, pages 53-72.
  • Handle: RePEc:tou:journl:v:18:y:2003:p:53-72
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    FEDERALISM; FISCAL SYSTEM; RUSSIA;
    All these keywords.

    JEL classification:

    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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