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Reforming the Russian Budget System

Reforming the Russian Budget System »

Source: Reforming the Russian Budget System : A Move to More Devolved Budget Management?

Volume/Issue: 2005/104

Series: IMF Working Papers

Author(s): Jack Diamond

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2005

ISBN: 9781451861235

Keywords: Budget Reform, Russia, budget management, budget institutions, budget process, budget system, Macroeconomic - Aspects of Public Finance, Macroeconomic Policy, and General Outlook, Analysis of Collective Decision-Making

The Russian federal government has recently initiated a fundamental reform of its budget system, encompassing important policy, procedural, and institutional changes. This paper reviews this reform agenda with refe...

Regional Disparities and Transfer Policies in Russia

Regional Disparities and Transfer Policies in Russia »

Source: Regional Disparities and Transfer Policies in Russia : Theory and Evidence

Volume/Issue: 2001/199

Series: IMF Working Papers

Author(s): Era Dabla-Norris , and Shlomo Weber

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2001

ISBN: 9781451860115

Keywords: Russia, regional disparities, horizontal imbalances, transfers, expenditures, expenditure, expenditure needs, intergovernmental transfers, fiscal capacity, National Government Expenditures and Related Policies: General

In this paper we examine economic disparities across regions in Russia and offer a theoretical treatment of various transfer rules between different regions. We analyze the principle of partial equalization, which...

Imperfect Competition and the Design of VAT Regimes

Imperfect Competition and the Design of VAT Regimes »

Source: Imperfect Competition and the Design of VAT Regimes : The Case of Energy Trade Between Russia and Ukraine

Volume/Issue: 2002/235

Series: IMF Working Papers

Author(s): Clinton Shiells

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2002

ISBN: 9781451875669

Keywords: Russia, Energy Trade, VAT, Imperfect Competition, oil exports, export price, gas exports, export tax, crude oil, Market Structure and Pricing: General

Under imperfect competition, Russia and Ukraine may choose to deviate from optimal tax considerations which suggest use of a destination-based VAT regime. Oil and gas trade is a major source of Russian tax revenue,...

International Contagion Effects from the Russian Crisis and the LTCM Near-Collapse

International Contagion Effects from the Russian Crisis and the LTCM Near-Collapse »

Source: International Contagion Effects from the Russian Crisis and the LTCM Near-Collapse

Volume/Issue: 2002/74

Series: IMF Working Papers

Author(s): Renee Fry , Vance Martin , Brenda Gonzalez-Hermosillo , and Mardi Dungey

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2002

ISBN: 9781451849608

Keywords: contagion effects, international spillovers, Russia, LTCM, contagion, bond, bond spreads, financial markets, bonds, Multiple or Simultaneous Equation Models: Models with Panel Data

We examine empirically the episode of extraordinary turbulence in global financial markets during 1998. The analysis focuses on the market assessment of credit risk captured by daily movements in bond spreads for t...

The New Russian Budget System

The New Russian Budget System »

Source: The New Russian Budget System : A Critical Assessment and Future Reform Agenda

Volume/Issue: 2002/21

Series: IMF Working Papers

Author(s): Jack Diamond

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2002

ISBN: 9781451843927

Keywords: Budget System Law, budget reform, Russia, expenditure, budget code, expenditures, budget execution, budget system, Macroeconomic - Aspects Of Public Finance, Macroeconomic Policy

This paper documents the main elements of the new budget system established in the Russian Federation through its revised budget system law, or the Budget Code, of 2000. It critically examines the budget preparatio...

Budget System Reform in Transitional Economies

Budget System Reform in Transitional Economies »

Source: Budget System Reform in Transitional Economies : The Experience of Russia

Volume/Issue: 2002/22

Series: IMF Working Papers

Author(s): Jack Diamond

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2002

ISBN: 9781451843989

Keywords: Budget system reform, Russia, budget system, budget management, budget code, budget execution, Analysis Of Collective Decision-making, Socialist Systems And Transitional Economies, Macroeconomic - Aspects Of Public Finance, Macroeconomic Policy

This paper stresses the role of budget system reform in economies in transition as an essential basis for the implementation of effective fiscal policies. However, introducing such structural reforms in often unsta...

The Spillover Effects of Russia’s Economic Slowdown on Neighboring Countries

The Spillover Effects of Russia’s Economic Slowdown on Neighboring Countries »

Source: The Spillover Effects of Russia's Economic Slowdown on Neighboring Countries

Series: Departmental Papers / Policy Papers

Author(s): Ara Stepanyan , Agustin Roitman , Gohar Minasyan , Dragana Ostojic , and Natan Epstein

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 November 2015

ISBN: 9781513571348

Keywords: External shocks, Russian Federation, Economic growth, Negative spillovers, Regional shocks, Central Asia and the Caucasus, Central and Eastern Europe, Baltics, Regional trade, Remittances

In the face of sharply lower oil prices and geopolitical tensions and sanctions, economic activity in Russia decelerated in late 2014, resulting in negative spillovers on Commonwealth of Independent States (CIS) a...

The IMF and Russia in the 1990's

The IMF and Russia in the 1990's »

Source: The IMF and Russia in the 1990's

Volume/Issue: 2004/155

Series: IMF Working Papers

Author(s): John Odling-Smee

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2004

ISBN: 9781451857344

Keywords: Economic transition, macroeconomic policy, Russia, inflation, monetary policy, monetary fund, fiscal policies, Macroeconomic Aspects of Public Finance, and General Outlook: General, Socialist Systems and Transitional Economies: General

This paper explains the IMF's impact on economic policies in Russia, focusing on where the IMF made a difference. The Russian economic and political leadership essentially determined economic policies. The IMF's in...

Liberalizing Capital Flows and Managing Outflows - Background Paper

Liberalizing Capital Flows and Managing Outflows - Background Paper »

Source: Liberalizing Capital Flows and Managing Outflows - Background Paper

Volume/Issue: 2012/014

Series: Policy Papers

Author(s): International Monetary Fund. Monetary and Capital Markets Department;International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Research Dept.;International Monetary Fund. Legal Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 March 2012

ISBN: 9781498340847

Keywords: Background papers, Capital controls, Capital flows, Capital outflows, Developing countries, Emerging markets, Iceland, Korea, Republic of, Russian Federation, Ukraine

Liberalization of capital flows can benefit both source and recipient countries by improving resource allocation, reducing financing costs, increasing competition and accelerating the development of domestic financ...

1. Introduction

1. Introduction »

Source: The Spillover Effects of Russia's Economic Slowdown on Neighboring Countries

Series: Departmental Papers / Policy Papers

Author(s): Ara Stepanyan , Agustin Roitman , Gohar Minasyan , Dragana Ostojic , and Natan Epstein

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 November 2015

ISBN: 9781513571348

Keywords: External shocks, Russian Federation, Economic growth, Negative spillovers, Regional shocks, Central Asia and the Caucasus, Central and Eastern Europe, Baltics, Regional trade, Remittances

In the face of sharply lower oil prices and geopolitical tensions and sanctions, economic activity in Russia decelerated in late 2014, resulting in negative spillovers on Commonwealth of Indepen...