Fiscal maneuver and restructuring of the Russian economy
作者: Alexey KudrinIlya Sokolov
作者单位: 1St. Petersburg State University, St. Petersburg, Russia
2Fund “Center for Strategic Research” (CSR), Moscow, Russia
3Russian Presidential Academy of National Economy and Public Administration, Moscow, Russia
刊名: Russian Journal of Economics, 2017, Vol.3 (3), pp.221-239
来源数据库: Elsevier Journal
DOI: 10.1016/j.ruje.2017.09.001
关键词: Fiscal policyFiscal maneuverState budgetProductive expendituresBudget expenditures structureStructural reformsEconomic growth
原始语种摘要: Abstract(#br)The paper discusses fiscal policy parameters through 2024. The suggested way to ensure long-term fiscal stability is stabilizing both the general government revenues and expenditures as percentages of GDP at levels differing by the public debt service payments and then applying a new version of the fiscal rule. The redistribution of fiscal spending from unproductive to productive areas (primarily investment in human and physical capital) is considered to boost economic growth. The possible use of additional spending on education, public health, and transport systems is presented, as is the optimization of expenditures in nonproductive areas.
全文获取路径: Elsevier  (合作)

  • restructuring 重构
  • fiscal 财政的
  • economy 经济
  • productive 生产的
  • spending 经费
  • stabilizing 稳定化
  • maneuver 机动
  • applying 施加
  • budget 预算
  • capital 首都