Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/30845
Title: Balanced budget system : organizational and financial tools
Authors: Mirgorodskaya, Elena Olegovna
Andreeva, Larisa Yurievna
Sugarova, Irina Vladimirovna
Sichev, Roman Alexandrovich
Keywords: Economic development -- Russia
Budget process -- Law and legislation -- Russia
Budget -- Law and legislation -- Russia
Financial risk management -- Russia
Financial risk -- Russia
Issue Date: 2017
Publisher: University of Piraeus. International Strategic Management Association
Citation: Mirgorodskaya, E. O., Andreeva, L. Y., Sugarova, I. V., & Sichev, R. A. (2017). Balanced budget system : organizational and financial tools. European Research Studies Journal, 20(3B), 300-319.
Abstract: The organizational and financial tools aimed at management of the Russian balanced budget are considered in the article. The Russian economy differs by instability of budget indices, which reduces economic growth and provokes strengthening of fiscal risks both for the entire national economy and its regions. To institutionalize the new budget rule non-keynesian effects of fiscal consolidation are assessed. These effects are related with the prevention of fiscal risks formation due to budget forecasting and increase of the economy adaptive capacity with the use of the budgetary rules institutional design.
URI: https://www.um.edu.mt/library/oar//handle/123456789/30845
ISSN: 11082976
Appears in Collections:European Research Studies Journal, Volume 20, Issue 3, Part B

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