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Fiscal decentralization in pandemic and post-pandemic times

Author

Listed:
  • Klimanov, V.

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA), Moscow, Russia)

  • Mikhaylova, A.

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA), Moscow, Russia)

Abstract

In 2020, many countries, including Russia, faced a unique situation in which subnational authorities were forced to take on new powers to combat the pandemic and its consequences. At the same time, fiscal decentralization, which can be characterized by indicators of decentralization of income, expenditures or as tax decentralization, has decreased. The share of intergovernmental transfers in the revenues of regional budgets has increased. Before that, attempts to increase the role of the regional level in the country's budget system were made in Russia, but they usually ended in failure. The article shows that the multidirectional trends of the 2020 crisis determined the new state of regional budgets and their dependence on the federal center. At the same time, it is transfers from the federal budget that have become the leading factor in resilience to shocks in regional budgets.

Suggested Citation

  • Klimanov, V. & Mikhaylova, A., 2021. "Fiscal decentralization in pandemic and post-pandemic times," Journal of the New Economic Association, New Economic Association, vol. 51(3), pages 218-226.
  • Handle: RePEc:nea:journl:y:2021:i:51:p:218-226
    DOI: 10.31737/2221-2264-2021-51-3-11
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    References listed on IDEAS

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    Cited by:

    1. Dmitrii Yu. Zemlianskii & Vladimir V. Klimanov, 2022. "Консенсус-Прогноз Состояния Консолидированных Бюджетов Регионов России На 2022 Год," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 4, pages 53-58, April.
    2. Dmitrii Yu. Zemlianskii & Vladimir V. Klimanov, 2022. "Consensus Forecast of the Consolidated Budgets of Russian Regions for 2022 [Консенсус-Прогноз Состояния Консолидированных Бюджетов Регионов России На 2022 Год]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 4, pages 53-58, April.

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    More about this item

    Keywords

    regions; Russia; decentralization; fiscal resilience; regional budgets; intergovernmental fiscal relations; intergovernmental transfers;
    All these keywords.

    JEL classification:

    • H5 - Public Economics - - National Government Expenditures and Related Policies
    • H7 - Public Economics - - State and Local Government; Intergovernmental Relations
    • H1 - Public Economics - - Structure and Scope of Government

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