Published September 29, 2023
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ANALYSIS OF THE IMPACT OF THE APPLICATION OF ANTICRISIS BUDGET POLICY MEASURES IN RELATION TO THE SUBNATIONAL LEVEL
Authors/Creators
- 1. Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA)
Description
The research analyzes the practice of anticrisis support of the subnational level in foreign
countries and Russia. The influence of the anticrisis budget policy of the federal center
on the balance and sustainability of regional budgets in Russia is assessed. The features of
the effectiveness of intergovernmental transfers and budget loans to sub-federal budgets are
revealed. It is recommended to take into account the results obtained in the anticrisis support
of the regions, as well as to introduce mechanisms that increase the flexibility of federal
budget rules to the parameters of subnational finances.