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Books > Business & Economics > Finance & accounting > Finance > Public finance
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Fiscal Federalism in Russia - Intergovernmental Transfers and the Financing of Education (Hardcover)
Loot Price: R3,087
Discovery Miles 30 870
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Fiscal Federalism in Russia - Intergovernmental Transfers and the Financing of Education (Hardcover)
Series: Studies in Fiscal Federalism and State-local Finance series
Expected to ship within 12 - 17 working days
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Since the break-up of the Soviet Union in 1991, Russia has
experienced a process of rapid fiscal decentralisation: its 88
regions are now in charge of almost half of total budgetary
expenditure, while an overhaul of the revenue allocation system has
given them substantial control over locally collected revenue.
These regions are highly diverse in climate, natural resources and
economic development, with some much better equipped than others to
adjust to market conditions. Fiscal Federalism in Russia examines
the combined impact of decentralisation and diversity on regional
equality of service provision and in particular the provision of
education. The book begins with an analysis of the system of
intergovernmental transfers and goes on to explore the nature and
extent of disparities in education spending, paying particular
attention to regions where spending has fallen furthest. The book
also contains a case study of the allocation decisions affecting
the education sector within a single region, Novgorod Oblast, in
North-West Russia. Based entirely on field research, the study
provides a rare insight into the decision making process at
regional and local level, as well as an analysis of the extent of
internal revenue and spending disparities. Academics, researchers
and those interested in decentralisation or the economics of
transition will warmly welcome this detailed analysis of the
direction and impact of inter-governmental transfers in Russia.
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