Authors unraveled interactions between the state and business in the implementation of PPP innovation projects. They analyzed examples of the best practice, worked out recommendations for further buildup of PPP in the sphere of innovations.

This paper deals with 2012 Russia's state budget. Authors speak about general characteristics of the budget system in Russia. They analyse revenues from major taxes and main parameters of the federal budget in 2012 and for 2012-2014, explain budget expenditures and give prospects of the...