- Consulting Editors
- Modernization and the Russian Economy: Three Hundred Years of Catching Up
- Command Economy and its Legacy
- Russia’s Economic Transformation
- Transformational Recession
- Growth Trends in Russia After 1998
- Institutional Performance
- Corporate Governance in Russia
- The Russian Tax System
- The Unofficial Economy in Russia
- Russian Corruption
- Russia’s Dependence on Resources
- The Russian Oil Sector
- The Russian Natural Gas Sector
- The Russian Electricity Market: Variants of Development
- The Economics of Mineral Resources
- The Challenge of Reforming Environmental Regulation in Russia
- Economics of the Military-Industrial Complex
- Science, High-Tech Industries, and Innovation
- Blame the Switchman? Russian Railways Restructuring After Ten Years
- Russian Agriculture and Transition
- Russian Banking as an Active Volcano
- Financial and Credit Markets
- Russian Trade and Foreign Direct Investment Policy at the Crossroads
- Economic Geography of Russia
- Russian Fiscal Federalism: Impact of Political and Fiscal (De)centralization
- Regional Challenges: the Case of Siberia
- Labor Market Adjustment: is Russia Different?
- Higher Education Reform and Access to College in Russia
- Russia’s Health Care System: Difficult Path of Reform
- Poverty and Inequality in Russia
- Recent Demographic Developments in the Russian Federation
Abstract and Keywords
This chapter briefly reviews the advantages and disadvantages of fiscal decentralization in general and the current federal structure and the post-1992 development of fiscal federalism in Russia, including substantial reforms of the early 2000s. The creation of federal districts and the elimination of elections of regional governors clearly signified a substantial rise of political centralization in the new millennium. However, using various qualitative considerations and quantitative measures, we show that there has not been a clear trend toward fiscal centralization, although the preponderance of the evidence suggests that fiscal independence of the regions has eroded since the late 1990s. Finally, we briefly address the issue of intraregional fiscal relations.
Michael V. Alexeev is a Professor of Economics at Indiana University in Bloomington. His research interests include economics of institutions, public economics and economics of transition.
Shlomo Weber is the Robert H. and Nancy Dedman Trustee Professor of Economics at Southern Methodist University, Dallas, and PINE Foundation Professor of Economics at the New Economic School of Moscow. His research interests include game theory, political economy and public economics.
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