Reform of Fiscal Federalism in Russia: Fiscal Behavior at the Subnational Level of Government
Publication date
Monday, 13.12.2004
Authors
I. Trunin
Series
Barcelona - December, 13 2004
Annotation
Further reform agenda:
Creating incentives for responsible behavior at the regional and municipal levels of government;
Extensive usage of matching grants to pursuit federal objectives at the regional level;
Creating unified system of federal grants to regions including various kinds of present discretionary transfers (road construction, investment programs, ad hoc grants);
Moving to real equalization of fiscal capacity from grants allocation according to “normative” revenues and expenditures.
Further reform agenda:
Creating incentives for responsible behavior at the regional and municipal levels of government;
Extensive usage of matching grants to pursuit federal objectives at the regional level;
Creating unified system of federal grants to regions including various kinds of present discretionary transfers (road construction, investment programs, ad hoc grants);
Moving to real equalization of fiscal capacity from grants allocation according to “normative” revenues and expenditures.
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