Fiscal gap is an indicator of long run sustainability of government finance. It is used for assessment of the extent to which current fiscal policy is able to keep government budget solvent in the longer period. Fiscal gap is derived from intertemporal budget constraint which connects flows of...

This comprehensive analysis of the Russian budget policy adjustment to the 2008–2009 global crisis. The analysis of main parameters and directions of anticrisis budgetary measures offers insights into their relative efficiency and monitor their impact on the budget policy in 2011–2013....

This comprehensive analysis of the Russian budget policy adjustment to the 2008–2009 global crisis. The analysis of main parameters and directions of anticrisis budgetary measures offers insights into their relative efficiency and monitor their impact on the budget policy in 2011–2013....

This paper deals with 2008-2009 crisis which marked a new stage of Russia’s budgetary policy. Although the budget situation in Russia is presently much better than in the majority of the developed countries, reservation of high dependence on oil proceeds, observed trends in in the structure of...

This paper deals with Russia's federal budget

The paper presents an analysis of international and domestic practices of VAT administration in OECD countries and in Russia, according to the results of which there were identified major constraints and factors affecting the quality of VAT administration. Assessment was made in terms of...

This paper deals with subnation budgets of the Russian Federation. The authors analyze financial support to the regions from the federal budget.

An international crisis of 2008 – 2009, ever growing debt challenges in Greece, Spain, Ireland and Portugal in 2010 prompted the Government of the Russian Federation to revise the approach to the policy of irresponsible build-up of government expenses and obligations. A trend to curb budget...

This paper deals with Russia's budget system, it provides analysis of main parameters of execution of the enlarged government budget. The authros also speak about the medium- and long term prospects of Russia's fiscal policy

In 2005 Russian Federation moved from the elections of the regional governor to their appointment by the federal center. The study analyzes the possible changes in the regional governments fiscal policy due to the change of the preferences aggregation mechanism at the regional level. It includes...