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Regional Economics: Theory and Practice
 

Conditions of effectiveness of budget process organization on sub-federal level

Vol. 9, Iss. 33, SEPTEMBER 2011

Available online: 9 September 2011

Subject Heading: Economics and management

JEL Classification: 

Soumskaya T.V. PhD., associate professor of economic sciences, senior researcher of territorial systems’ department of Institute of Economics and Industrial Engineering SB of RAS
stv@ieie.nsc.ru

The article considers result-oriented budgeting as method of budget planning, carrying out and control, which provides distribution of budget resources according to aims and functions. The author analyses the advantages of ROB and its value in budgeting within the bounds of medium-term finance planning. Great attention is paid to weak sides of ROB, as to limitation of this model.

Keywords: result-oriented budgeting, medium-term finance planning, effectiveness of budget services, rationalization of budget expenses

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ISSN 2311-8733 (Online)
ISSN 2073-1477 (Print)

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