Autore
Stewart, kitty

Titolo
Are intergovernmental transfers in Russia equalizing?
Periodico
European University Institute of Badia Fiesolana (Fi). Department of Economics - Working papers
Anno: 1997 - Fascicolo: 22 - Pagina iniziale: 1 - Pagina finale: 51

Rapid decentralization since 1992 has left Russia's 88 regions with substantial control over their own revenues as well as significant expenditure responsibility, particularly in the social sphere. These regions are highly diverse in climate, in natural resources and in economic development, making some much better equipped than others to adjust to market conditions. The combination of diversity and decentralization makes a strong and effective system of intergovernmental transfers essential if regions hardest hit by transition are to continue to provide adequate standards of key social goods. In this paper I examine the transfer system that has developed in Russia since 1992. I ask how far transfers have been directed to regions most in need of them, and how effective they have been in offsetting disparities in pre-transfer revenues. The main results are that the direction of transfers has been essentially equalizing over the period, but that transfers have been too small in size and too thinly spread to have made a substantial impact.



Testo completo: http://hdl.handle.net/1814/631

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