A Methodological Note on the Reform of Equalization Transfers in the Russian Federation
ISP Working Paper No. 97-2
Posted: 17 Nov 2003
Date Written: June 1997
Abstract
The current mechanism of fiscal equalization in the Russian Federation is complex, unstable and not transparent. In addition, it does not appear to be accomplishing its main goal: the equalization of funds among regions. While major reforms were introduced in 1994, serious problems remain in most areas of inter-governmental fiscal relations. This note addresses the current problems with the Fund for Financial Support of Regions (FFSR) and offers several options for reforming the current mechanism of equalization transfers in the Russian Federation.
Keywords: Fiscal equalization in the Russian Federation
JEL Classification: H87, O23
Suggested Citation: Suggested Citation
Jorge Martinez-Vazquez (Contact Author)
Georgia State University - Andrew Young School of Policy Studies ( email )
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