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Institutions of the Russian fiscal federalism: 20 years of evolution

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  • Elena Jarocinska

Abstract

In this brief, the author summarizes the main thrust of Russian federal fiscal institutions and discusses their specific features. She describes the evolution of federal fiscal regulations since the establishment of the Russian federal state. As a conclusion, she offers the following policy recommendations: tax autonomy of subnational governments which is currently very limited should be increased; federal aid should be further formalized and made more transparent; regulations should not be changed from year to year to provide for a more stable environment; and subnational interests should be better protected at the institutional level.

Suggested Citation

  • Elena Jarocinska, 2014. "Institutions of the Russian fiscal federalism: 20 years of evolution," CASE Network E-briefs 2, CASE-Center for Social and Economic Research.
  • Handle: RePEc:sec:ebrief:0214
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    References listed on IDEAS

    as
    1. International Monetary Fund, 2004. "Russian Federation: Report on the Observance of Standards and Codes (ROSC)—Data Module," IMF Staff Country Reports 2004/134, International Monetary Fund.
    2. Migara O. De Silva & Galina Kurlyandskaya & Elena Andreeva & Natalia Golovanova, 2009. "Intergovernmental Reforms in the Russian Federation : One Step Forward, Two Steps Back?," World Bank Publications - Books, The World Bank Group, number 2668, December.
    3. Dirk-Jan Kraan & Daniel Bergvall & Ian Hawkesworth & Valentina Kostyleva & Matthias Witt, 2008. "Budgeting in Russia," OECD Journal on Budgeting, OECD Publishing, vol. 8(2), pages 1-58.
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    Keywords

    Russia; fiscal reforms; monetary policy;
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