Posts Tagged break up of the soviet union

Fiscal Federalism in Russia: Intergovernmental Transfers and the Financing of Education


Since the break-up of the Soviet Union in 1991, Russia has experienced a process of rapid fiscal decentralization: its 88 regions are now in charge of almost half of total budgetary expenditure, while an overhaul of the revenue allocation system has given them substantial control over locally collected revenue. These regions are highly diverse in climate, natural resources and economic development, with some much better equipped than others to adjust to marke… More >>

Fiscal Federalism in Russia: Intergovernmental Transfers and the Financing of Education

Tags: , , , , , , , , , , , , , , ,

Related posts