
Publication
FINANCIAL INDEPENDENCE OF MUNICIPALITIES AND LOCAL BUDGETS
(STEF92 Technology, 2018, Elena Shcherban, M. Abramova, A. Petrov, D. Yanin)
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One of the critical questions in local authorities both in Russia and in many other countries with a decentralized fiscal system, is an increasing level of financial resources concentration in central budgets that reduces the impact of municipal governments in carrying out their tasks in the local public sector. Using economic and statistical methods this study shows the dominant role of regulating revenues and the low proportion of local taxes and charges in the municipal budgetsВ’ revenue structure. The level of...
SOCIAL SCIENCES: Section Economics and Finance2018
