IDEAS home Printed from https://ideas.repec.org/a/fru/finjrn/250602p33-50.html

Integrated Assessment of Budget Sustainability of Russian Regions for the Purpose of Financial Support of Program Expenditures

Author

Listed:
  • Nadezhda I. Yashina

    (National Research Lobachevsky State University of Nizhny Novgorod, Nizhny Novgorod, Russian Federation)

  • Oksana I. Kashina

    (National Research Lobachevsky State University of Nizhny Novgorod, Nizhny Novgorod, Russian Federation)

  • Mikhail V. Kazakov

    (National Research Lobachevsky State University of Nizhny Novgorod, Nizhny Novgorod, Russian Federation)

Abstract

Effective management of public finances is necessary to achieve such objectives as ensuring nationalsovereignty and improving the living standards of citizens. However, uneven territorial developmentleads to socio-economic disparities. This requires the development of individual trajectories and growth points for regions using adaptive budget policy. The study aims to develop a methodological tool and methods for determining the sustainability of territorial budgets, keeping in mind the financial support of program expenditures and the effective implementation of national strategic goals. The object of the study was the sustainability of Russian regions’ budgets. Statistical and economic-mathematical methods ensured the reliability of the study. It is based on the data of the Ministry of Finance and the Federal State Statistics Service of the Russian Federation, which allows to determine various aspects of budget sustainability and conduct an assessment to ensure the country’s strategic national priorities. An overview of current trends and factors ensuring the sustainability of territorial budgets is presented. A methodological tool for monitoring the sustainability of territorial budgets and clustering regions by levels of revenues and expenditures is proposed. It is tested on the data of budget reporting of Russian regions; the characteristics and classes of budget sustainability are defined. The sectoral, infrastructural and socio-economic regional peculiarities that determine the revenues and expenditures of regional budgets are identified. The scientific and practical significance of the study lies in the development of approaches to multidimensional assessment of budget sustainability and identification of individual national strategies of regional development and “anti-stress” scenarios of budget policy.

Suggested Citation

  • Nadezhda I. Yashina & Oksana I. Kashina & Mikhail V. Kazakov, 2025. "Integrated Assessment of Budget Sustainability of Russian Regions for the Purpose of Financial Support of Program Expenditures," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 6, pages 33-50, December.
    • Handle: RePEc:fru:finjrn:250602:p:33-50
    DOI: 10.31107/2075-1990-2025-6-33-50
    as

    Download full text from publisher

    File URL: https://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2025/6/statii/02_6_2025_v17.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.31107/2075-1990-2025-6-33-50?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
    ---><---

    References listed on IDEAS

    as
    1. Ella I. Skobleva, 2024. "State Development Programs as a Tool for Financing Education," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 6, pages 116-131, December.
    2. Ànna Mikhaylova & Evgeny Timushev, 2020. "Russia’s Budgetary System: How Much Sustainable?," HSE Economic Journal, National Research University Higher School of Economics, vol. 24(4), pages 572-597.
    3. Lotta-Maria Sinervo & Luca Bartocci & Pauliina Lehtonen & Carol Ebdon, 2024. "Toward sustainable governance with participatory budgeting," Journal of Public Budgeting, Accounting & Financial Management, Emerald Group Publishing Limited, vol. 36(1), pages 1-19, January.
    4. Beatriz Cuadrado-Ballesteros & Marco Bisogno, 2022. "Budget transparency and financial sustainability," Journal of Public Budgeting, Accounting & Financial Management, Emerald Group Publishing Limited, vol. 34(6), pages 210-234, June.
    5. Nadezhda I. Yashina & Ekaterina P. Garina & Elena V. Romanovskaya & Natalia S. Andryashina & Sergey D. Tsymbalov, 2024. "Budgetary stability of territories as a consequence of developing and developed economies of the regions of Russia," International Journal of Economic Policy in Emerging Economies, Inderscience Enterprises Ltd, vol. 19(3/4), pages 308-321.
    6. Scott Douglas & Tom Overmans, 2020. "Public value budgeting: propositions for the future of budgeting," Journal of Public Budgeting, Accounting & Financial Management, Emerald Group Publishing Limited, vol. 32(4), pages 623-637, July.
    7. Alexander N. Deryugin, 2022. "Regional Budgets Maintain Sufficient Financial Sustainability at the End of 7 Months of 2022 [Региональные Бюджеты По Итогам Января-Июля 2022 Г. Сохраняют Достаточную Финансовую Устойчивость]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 10, pages 69-73, October.
    Full references (including those not matched with items on IDEAS)

    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. Enkeleda Lulaj, 2024. "Thriving amidst uncertainty: a financial blueprint for the public budget," Public Sector Economics, Institute of Public Finance, vol. 48(4), pages 493-528.
    2. Micael Sousa, 2024. "Moving Pieces and Allocating Budget Together: A Framework for Using Analog Serious Games in Sustainable Collaborative Planning," Sustainability, MDPI, vol. 16(19), pages 1-24, September.
    3. Andrey Polyachenko, 2022. "The resilience of Russian Arctic cities 1989–2017," Regional Science Policy & Practice, Wiley Blackwell, vol. 14(4), pages 796-825, August.
    4. Pavel V. Stroev & Olga V. Pivovarova & Khasanbi V. Sheozhev & Anna I. Dudnik, 2023. "Regions with Low Financial Sustainability: Analysis and Enhancement of Development," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 1, pages 26-44, February.
    5. Аnna A. Mikhaylova & Evgeny N. Timushev, 2021. "Concept of Vertical Fiscal Imbalance in the Analysis of Fiscal Sustainability at the Regional Level," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 6, pages 98-116, December.
    6. Ahmad S. Al Humssi & Vladimir Z. Chapliuk & Larisa N. Sorokina & Liliya G. Akhmetshina, 2024. "Modelling the Impact of Macroeconomic Factors on Country’s Financial Stability: Evidence from the Russian Federation," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 62-81.
    7. Mourão Paulo Reis & Bronić Mihaela & Stanić Branko, 2023. "The Impact of Local Governments’ Budget Transparency on Debt in Croatia," South East European Journal of Economics and Business, Sciendo, vol. 18(2), pages 21-33, December.
    8. Yang, Chao & Luo, Haoxiang & Yang, Siyi & Li, Longquan & Liu, Qi, 2025. "Digital platforms and smart city synergies: Unlocking cross-sector innovation and governance in urban transformation," Technovation, Elsevier, vol. 147(C).
    9. Artur Kwasek & Maria Kocot & Stanisław Radowicki & Krzysztof Kandefer & Marika Szymańska & Dariusz Soboń & Adrianna Trzaskowska-Dmoch, 2025. "The Impact of Organizational Agility on the Sustainable Development of the Organization in the Context of Economy 5.0," Sustainability, MDPI, vol. 17(15), pages 1-26, July.
    10. Vladimir V. Klimanov & Anna A. Mikhaylova & Zoya I. Egorsheva, 2023. "Moscow Budget Policy: Opportunities for Responding to the Challenges of the New Reality," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 5, pages 79-93, October.
    11. Bie, Fan & Zhou, Luyao & Liu, Shuo & Yang, Tao, 2024. "Government digital transformation, resource curse and green total factor energy efficiency in Chinese cities," Resources Policy, Elsevier, vol. 92(C).

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems

    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:fru:finjrn:250602:p:33-50. 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: Gennady Ageev (email available below). General contact details of provider: https://edirc.repec.org/data/frigvru.html .

    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.