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Russian Federation - Fiscal decentralization : intergovernmental relations in Russia (anglais)

The design of a well-functioning intergovernmental fiscal system is the key to Russia's macroeconomic stability, structural adjustment, provision of a social safety net during the difficult transition to a market economy, and political cohesion. Macroeconomic stability cannot be achieved without fiscal balance at both the subnational and the national levels. In its effort to cut the federal budget deficit, the Russian government has transferred expenditure...
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