Work

Prospects for the Development of Horizontal Instruments of Interbudgetary Regulation

Year: 2024
Type: preprint
Abstract: The subject of the study is the directions of development of horizontal instruments of interbudgetary regulation. The relevance of the study consists in a relatively low prevalence in Russia of a joint approach of public legal entities to solving problems and in a high role of subnational entities in achieving national strategic goals. The purpose of the study is to analyze the prospects for the use and development of horizontal instruments of interbudgetary regulation in Russian regions and municipalities. For this purpose, the following tasks were solved: analysis of the practice of interterritorial cooperation in foreign countries, study of the experience of providing horizontal interbudgetary transfers and budget loans in Russian regions and municipalities, identification of opportunities and limitations in the use of horizontal interbudgetary instruments in Russia, development of recommendations for improving regulation of horizontal interbudgetary instruments. The novelty of the study is in assessing the level of development and problems of interregional and intermunicipal cooperation in Russia with an emphasis on the financial instruments used in such interaction. The research method is systematization, grouping, comparative analysis of Russian and international experience. The sources of information were data from official websites of the Ministry of Finance of Russia, government bodies of the constituent entities of the Russian Federation, as well as theoretical and empirical studies and reviews of Russian and foreign researchers and international organizations. Based on the results of the study, foreign and Russian experience in interterritorial cooperation was compared, and the scale of application of horizontal financial instruments of such interaction in Russia was assessed.
Language: English
Open Access status: green
OpenAlex ID: W4414739385
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