The Long-Term Sustainability of Russia’s Budgetary Policy
Russian Economy in 2007 (Issue 29): Trends and Outlooks, 2008
13 Pages Posted: 20 Sep 2012
Date Written: March 20, 2008
Debates on drafts of the currently designed Conception for The Long-Term Socio-Economic Development of the Russian Federation (below referred to as the Conception) engender a number of questions concerning the problem of a balanced budgetary policy. To examine budgetary implications of implementation of the Conception’s measures the authors employed preset in the Conception scenario-based conditions of the world oil prices and design parameters of the annual (2008–2020) growth rates of GDP and CPI under the innovation-based scenario.
Keywords: budgetary policy, Russian economy, budget system, economic develoment
JEL Classification: E52, E58, E62
Suggested Citation: Suggested Citation