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Finance and Credit
 

About the problems of the imbalance in the budgetary system of the Russian Federation

Vol. 17, Iss. 38, OCTOBER 2011

Available online: 20 October 2011

Subject Heading: FISCAL SYSTEM

JEL Classification: 

Socolova A.A. PhD, associate professor of chair «Finance and credit», North Caucasus State technical University
fef@stv.runnet.ru

This article assesses the development of the budgetary system and the degree of decentralization of expenditure and revenue, federal unbalanced budget is investigated the motives and consolidated budgets of the constituent entities of the Russian Federation. Addressing to budgetary imbalances is top priority when choosing a distribution of funds between budgets of different levels. It is concluded that the financial crisis territorial budgets income growth in the form of fiscal transfers led to greater dependence sub-federal budgets from the сenter.

Keywords: budget system, fiscal federalism, fiscal imbalances, decentralization of revenue and expenditure budget

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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