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The Russian budget process has received little detailed attention
in academic literature. Here various key aspects of the formation
of the federal budget, largely since Vladimir Putin began his third
presidential term in 2012, are examined. It is primarily the
writing of the expenditure side of the budget which is described,
that is, how it is decided how much money is spent on what. While
ample information is provided on budgetary outcomes, the focus is
on the process: the issues faced by budget makers, the actors and
institutions involved, and the formal and informal procedures that
lead to outcomes. It is not the task of the volume to provide an
analysis of the wisdom or effectiveness of particular budget
allocations; its goal is to provide some judgement on the
effectiveness of the process. Chapters are offered on the budgetary
process as it relates to the two main claimants on federal budget
funding, the social and defence sectors. Three chapters then
examine the major locations of budgetary policy-making: the
executive (at presidential and cabinet of ministers levels), the
Duma, and the expert community. This book was originally published
as a special issue of Post-Communist Economies.
The Russian budget process has received little detailed attention
in academic literature. Here various key aspects of the formation
of the federal budget, largely since Vladimir Putin began his third
presidential term in 2012, are examined. It is primarily the
writing of the expenditure side of the budget which is described,
that is, how it is decided how much money is spent on what. While
ample information is provided on budgetary outcomes, the focus is
on the process: the issues faced by budget makers, the actors and
institutions involved, and the formal and informal procedures that
lead to outcomes. It is not the task of the volume to provide an
analysis of the wisdom or effectiveness of particular budget
allocations; its goal is to provide some judgement on the
effectiveness of the process. Chapters are offered on the budgetary
process as it relates to the two main claimants on federal budget
funding, the social and defence sectors. Three chapters then
examine the major locations of budgetary policy-making: the
executive (at presidential and cabinet of ministers levels), the
Duma, and the expert community. This book was originally published
as a special issue of Post-Communist Economies.
A description of the contemporary Russian economy on the basis of
an analysis of economic policy-making structures and procedures.
The empirical detail is concentrated in the heavy industry sector,
although the relationships between all sectors receive attention.
All sources of policy-making input are examined - the presidency
and central governmental agencies, sectoral state agencies,
industrial representative associations, parliament and the regions,
and individual enterprises. Policy-making procedures receive
considerable attention, as part of an effort to distinguish sharply
between formal and informal styles of policy making.
As Russia aggressively tries to regain the status of a 'Great
Power', whether it has the economic capacity to do so has become a
matter of enormous topical importance, not just for those with a
long-standing professional interest in the Russian economy, but
also for a wider range of economists, political scientists, and
foreign-policy specialists who need to understand the workings of
this major-if somewhat unusual-state. Moreover, to determine if
Russia can meet and sustain its apparent ambitions requires a
knowledge not just of its current economic circumstances, but also
of its economic past. What, if any, is the legacy of the Soviet
period? How did Russia approach the transition from central
planning to a market-type economy (a question which is relevant not
just to our understanding of Russia itself, but also of
transitional, emerging, and developing countries more generally)?
And, leaving aside its Great Power ambitions, does the contemporary
Russian economy possess the resources, structures, and policies to
enable it to achieve and sustain even a viable society? As serious
research on and around the Russian economy continues to blossom,
this new title from Routledge's Critical Concepts in Economics
series addresses these and other questions. In four volumes, the
collection provides a much-needed compendium of foundational and
the very best cutting-edge scholarship. It brings together the most
informative and influential major works on the Soviet economy,
Russia's early post-Soviet transition experiences, and its
continuing economic successes and failures. The Russian Economy is
fully indexed and has a comprehensive introduction, newly written
by the editor, which places the collected material in its
historical and intellectual context. It is an essential work of
reference and is destined to be valued by scholars, students, and
policymakers as a vital one-stop research and pedagogic resource.
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