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Features of Assessing the Fiscal Space of the Constituent Entities of the Russian Federation

Abstract

The need to stimulate the economic development of the constituent entities of the Russian Federation leads to the need to assess and find additional opportunities to increase costs for the implementation of national development goals. In the context of sanctions and geopolitical restrictions, as well as significant differentiation of the economic potential of the constituent entities of the Russian Federation, research and adaptation of the concept of fiscal space for the needs of regional authorities is an important part of improving fiscal policy.
The scientific significance of the study lies in the adaptation of methodological approaches to the content and assessment of fiscal space for regional budgets. The practical significance of the study includes an integrated approach to assessing the fiscal space for the budgets of the constituent entities of the Russian Federation and the possibility of choosing the best mechanisms for its expansion.
The value of the study lies in adapting the concept of fiscal space for regional budgets and carrying out a comprehensive assessment of both the space itself and the mechanisms for its expansion in order to identify reserves for the growth of budget expenditures of the constituent entities of the Russian Federation for key national development goals.

About the Author

A. F. Khuzina
Financial University under the Government of the Russian Federation
Russian Federation

Moscow



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For citations:


Khuzina A.F. Features of Assessing the Fiscal Space of the Constituent Entities of the Russian Federation. The Review of Economy, the Law and Sociology. 2024;(2):62-67. (In Russ.)

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ISSN 1998-5533 (Print)