Russian budget structure efficiency: Empirical study

Kudrin, Alexei; Knobel, Alexander

doi:10.3897/j.ruje.4.30163

Cited by 8 publications

(4 citation statements)

References 34 publications

(55 reference statements)

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“…After 2016, its share of GDP started to decrease. High military spending crowds out expenditure on other public services, in particular education and health care (see Table 3), negatively contributing to potential economic growth, an argument frequently raised in Russia's economic debate (see for example Kudrin and Sokolov, 2017;Kudrin and Knobel, 2018).…”

Section: Beyond Sanctions and Countersanctions: Other Costs Of The Ukmentioning

confidence: 99%

Factors determining Russia’s long-term growth rate

Dąbrowski¹

2019

RUJEC

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In the decade of the 2010s, the pace of economic growth in Russia slowed down to an annual rate of below 2% and most forecasts suggest that this is will be the new “normal” for the Russian economy at least in the medium-term. While politically and socially disappointing, such a growth slowdown is unavoidable due to adverse demographic trends. A combination of a shrinking working-age population and population aging must lead to a lower growth pace as compared to the period when the working-age population was still increasing and the effects of population aging were limited (the decade of the 2000s). Compensatory measures such as a gradual increase in the retirement age and an open labor migration policy, although economically positive, can only partly mitigate the negative effects of a shrinking domestic labor force. In this respect, Russia does not differ from other European countries and some Asian countries. However, demography and shrinking labor supply cannot fully explain low potential growth. Stagnation in total factor productivity is another reason. It results from a poor business and investment climate, difficulty in diversifying away from the dominant role of the hydrocarbon sector, and deteriorating political and economic relations with the US and EU which limit trade, investment and innovation opportunities. To increase its potential growth, Russia needs comprehensive economic and institutional reforms that, in turn, will be conditioned by political reforms and by improved economic and political relationships with the US, the EU and Russia’s neighbors.

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Section: Beyond Sanctions and Countersanctions: Other Costs Of The Ukmentioning

confidence: 99%

Factors determining Russia’s long-term growth rate

Dąbrowski¹

2019

RUJEC

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“…Determination of the factors of the process of formation of a regional recreational system in the conditions of the border region will allow to clarify the development directions of recreational activities for groups of border regions with different potentials. The influence of the structure of budget expenditures on the pace of economic development is explained in the work of Kudrin and Knobel [15]. The results of the study can be used as a practical tool for developing recommendations in the field of regional policy aimed at development of a recreational system, taking into account the factors determined for each identified group and certain investment priorities.…”

Section: Discussionmentioning

confidence: 99%

Process of forming a regional recreation system in the conditions of a border region

Vasilieva

Belaya

2020

E3S Web Conf.

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Significant heterogeneity of the level of development of the Russian border, including in the field of recreation, imposes requirements for differentiation in the regional policy. Definition of the types of territories helps to solve applied management tasks more effectively. In this context, the factors by which these types were formed are important. To solve this problem, the authors conducted a factor analysis through the principal component method using oblique factor rotation. Three blocks of variables were analyzed that characterize the subjects of the Russian Federation that have land borders on the mainland (including river and lake borders) and sea borders with neighboring countries located on the map clockwise from Norway to the United States (border regions of Russia) for the period from 2010 to 2018. As a result, five factors were identified: the factor of the demand for the services of the recreational system, the factor of the development of the infrastructure of the recreational system in climatic conditions, the environmental safety factor, the factor of investment in the development of the recreational system infrastructure, the factor of the location at the border. The results of the study can be used as a practical tool for developing recommendations in the field of regional policy aimed at development of a recreational system, taking into account the factors determined for each identified group. The results of the study were obtained in the framework of the state task of the IE KarRC RAS on the topic “Institutions and social inequality in the face of global challenges and regional restrictions”.

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“…Tuy nhiên, nguồn thu ngân sách nhà nước từ thuế đối với bất động sản hiện nay vẫn đạt được hiệu quả và được đánh giá là rất quan trọng đối với ngân sách nhà nước Nga. [4]. Đồng thời, thuế đối bất động sản cũng được đánh giá là đã góp phần quản lý, điều tiết hiệu quả thị trường bất động sản của Nga vận hành ổn định, phát triển bền vững [5].…”

Section: đặT Vấn đề *unclassified

Current Law on Real Estate Tax in Russia and Lessons for Vietnam

Luan

2023

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Russian budget structure efficiency: Empirical study

Cited by 8 publications

References 34 publications

Factors determining Russia’s long-term growth rate

Factors determining Russia’s long-term growth rate

Process of forming a regional recreation system in the conditions of a border region

Current Law on Real Estate Tax in Russia and Lessons for Vietnam

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