Three-year budgets during the crisis

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The article contains an analysis of the Russian cumulative experience in the three-year budget planning for the 2008-2013 period. It reveals the importance of the three-year budget as a tool to secure fiscal commitments and set strategic goals. The article argues that this role was not actually realized during the crisis. It is proved by the actual data for the relevant years, including the implementation of the budget. The author comes to the conclusion that there is a simulation of the three-year budget planning. Anti-crisis measures are argued to be formal and ineffective.

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IDR: 142178955

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