Regional Disparities and Transfer Policies in Russia: Theory and Evidence
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Summary:
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 implies that the more depressed regions should be subsidized by the more advantaged regions, but, the burden on more prosperous regions should not be excessive. Although, contrary to the partial equalization principle, the gaps between the richer and poorer regions have widened since the transition, there are some signs that this trend could be reversed.
Series:
Working Paper No. 2001/199
Subject:
Budget planning and preparation Capital accumulation Expenditure Fiscal policy Fiscal union National accounts Public financial management (PFM) Revenue administration
English
Publication Date:
December 1, 2001
ISBN/ISSN:
9781451860115/1018-5941
Stock No:
WPIEA1992001
Pages:
23
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