This paper investigates Strategy of the socio-economic development of the North-Caucasian Federal Okrug through 2025, which was approved more than a year ago, and its implementation has already kickstarted. However already at the onset there arose risks which experts had long forewarned of:...

Nowadays, the issue of inefficient social expenditures is not just a local item of social policy, rather it comes as far as the macroeconomic level, being considered in discussions about sources of financing of the national long-term development strategy. The author investigates into what it is...