Template-Type: ReDIF-Paper 1.0 Author-Name: Sergey Sinelnikov Author-Name-First: Sergey Author-Name-Last: Sinelnikov Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Pavel Kadochnikov Author-Name-First: Pavel Author-Name-Last: Kadochnikov Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Ilya Trunin Author-Name-First: Ilya Author-Name-Last: Trunin Author-Workplace-Name: Gaidar Institute for Economic Policy Title: From Elections to Appointments of the Regional Governors: Major Challenges and Outcomes Abstract: In 2005 Russian Federation moved from the elections of the regional governor to their appointment by the federal center. The study analyzes the possible changes in the regional governments fiscal policy due to the change of the preferences aggregation mechanism at the regional level. It includes an overview of the existing theoretical and empirical studies, as well as international experience of the regional governments formation. The study also contains a theoretical and empirical analysis of the possible changes in the fiscal policy in Russia at the regional level as a result of the implemented reform. Length: 101258 words. Creation-Date: 2008 Revision-Date: 2008 File-URL: https://www.iep.ru/files/RePEc/gai/ppaper/2Sinelnikov-Kadochnikov-Trunin.pdf File-Format: Application/pdf File-Function: Revised version, 2008 Classification-JEL: D72, D73, H11, H61, H77 Keywords: Legal basis, accountability, reporting, reserve fund, natinal welfare fund, institution base, investment portfolio and asset management, macroeconomic and fiscal linkages Handle: RePEc:gai:ppaper:2