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Philippe Le Houérou - Fiscal management in Russia

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title Fiscal Management in Russia World Bank Country Study author - photo 1

title:Fiscal Management in Russia World Bank Country Study
author:Le Houerou, Philippe.
publisher:World Bank
isbn10 | asin:0821335685
print isbn13:9780821335680
ebook isbn13:9780585229034
language:English
subjectFiscal policy--Russia (Federation) , Monetary policy--Russia (Federation)
publication date:1996
lcc:HG186.R8F58 1996eb
ddc:336.3/0947
subject:Fiscal policy--Russia (Federation) , Monetary policy--Russia (Federation)
Page i
A World Bank Country Study
Fiscal Management in Russia
Fiscal management in Russia - image 2
Page ii
Copyright 1996
The International Bank for Reconstruction
and Development/ THE WORLD BANK
1818 H Street, N.W.
Washington, D.C. 20433, U.S.A.
All rights reserved
Manufactured in the United States of America
First printing March 1996
World Bank Country Studies are among the many reports originally prepared for internal use as part of the continuing analysis by the Bank of the economic and related conditions of its developing member countries and of its dialogues with the governments. Some of the reports are published in this series with the least possible delay for the use of governments and the academic, business and financial, and development communities. The typescript of this paper therefore has not been prepared in accordance with the procedures appropriate to formal printed texts, and the World Bank accepts no responsibility for errors. Some sources cited in this paper may be informal documents that are not readily available.
The World Bank does not guarantee the accuracy of the data included in this publication and accepts no responsibility whatsoever for any consequence of their use. The boundaries, colors, denominations, and other information shown on any map in this volume do not imply on the part of the World Bank Group any judgment on the legal status of any territory or the endorsement or acceptance of such boundaries.
The material in this publication is copyrighted. Requests for permission to reproduce portions of it should be sent to the Office of the Publisher at the address shown in the copyright notice above. The World Bank encourages dissemination of its work and will normally give permission promptly and, when the reproduction is for noncommercial purposes, without asking a fee. Permission to copy portions for classroom use is granted through the Copyright Clearance Center, Inc., Suite 910, 222 Rosewood Drive, Danvers, Massachusetts 0192, U.S.A.
The complete backlist of publications from the World Bank is shown in the annual Index of Publications, which contains an alphabetical title list (with full ordering information) and indexes of subjects, authors, and countries and regions. The latest edition is available free of charge from the Distribution Unit, Office of the Publisher, The World Bank, 1818 H Street, N.W., Washington, D.C. 20433, U.S.A., or from Publications, The World Bank, 66, avenue d'Ina, 75116 Paris, France.
ISSN: 0253-2123
Library of Congress Cataloging-in-Publication Data
Fiscal management in Russia.
p. cm.(A World Bank country study)
This report was managed by Philippe Le Houerou.
Includes bibliographical references (p. ).
ISBN 0-8213-3568-5
1. Fiscal policyRussia (Federation) 2. Monetary policyRussia
(Federation) I. Le Houerou, Philippe. II. International Bank for
Reconstruction and Development. III. Series.
HG186.R8F58 1996
336.3'0947dc20 96-17
CIP
Page iii
Contents
Acknowledgements
vii
Abbreviations and Acronyms
viii
Currency Equivalents
ix
Country Data
x
Executive Summary
xv
1. Stabilization, Economic Recovery and Fiscal Management
1
Picture 3
Fiscal Transformation: A Bird's Eye View
1
Picture 4
Managing Fiscal Changes
7
Picture 5
Outline of the Report
11
2. Intergovernmental Fiscal Relations
13
Picture 6
Regional Revenues
13
Picture 7
Regional Spending
22
Picture 8
Design Constraints and Elements of a Reform Agenda
30
3. Budget Formulation
41
Picture 9
Redefining Budget Coverage
41
Picture 10
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