Cover IMF Working Papers
Budget System Reform in Transitional Economies: The Experience of Russia
Author: Mr. Jack Diamond
Series:
IMF Working Papers
Volume/Issue:
Volume 2002: Issue 022
Language:
English
Publication Date:
01 Feb 2002
DOI:
https://doi.org/10.5089/9781451843989.001
ISBN:
9781451843989
ISSN:
1018-5941
Pages:
25
Keywords:
WP; budget system; cash management; government accounting; budget execution; budget preparation; management procedure; Budget system reform; Russia; cash resource; government operation; state plan; government activity; resource allocation; core government activity; budget legislation; government transaction; budget classification system; government arrears; system reform; Budget planning and preparation; Budget execution and treasury management; Fiscal accounting and reporting
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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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 unstable economic environments has not proved easy. Using Russia as a case study, the magnitude of the problems faced is documented, and the strategy of reform eventually adopted is critically reviewed. In conclusion, some lessons are drawn for other transitional countries undertaking similar reforms, and the future agenda for completing these reforms in Russia is indicated.
Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund

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