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The Analysis of Russia’s Fiscal Sustainability in the Shortand Long Run

https://doi.org/10.32609/0042-8736-2013-3-33-49

Abstract

This paper examines the short and long run Russia’s fiscal sustainability. It reveals the possible risks of the deterioration of the fiscal sustainability on the general budget level. The virtues and shortcomings of the new fiscal rules are analyzed, the comparison with the fiscal rules that had been suspended during the financial crisis is presented, and possibilities for further development of the new fiscal rules are discussed. The long run socio-economic development forecast is employed for these purposes.

About the Authors

S. Vlasov
Bank of Russia (Moscow, Russia)
Russian Federation


E. Deryugina
Bank of Russia (Moscow, Russia)
Russian Federation


Y. Vlasova
Plekhanov Russian University of Economics (Moscow, Russia)
Russian Federation


References

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Review

For citations:


Vlasov S., Deryugina E., Vlasova Y. The Analysis of Russia’s Fiscal Sustainability in the Shortand Long Run. Voprosy Ekonomiki. 2013;(3):33-49. (In Russ.) https://doi.org/10.32609/0042-8736-2013-3-33-49

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ISSN 0042-8736 (Print)