Budgetary federalism: condition of crisis

The questions of the crisis state of the system of budgetary regulation in Russia and the prospects for its overcoming are examined in the paper. The most important flaws of the acting order of the formation of inter-budget relations are revealed and analyzed, its aim is proven exclusively to the prosperity of federal budget. The need for passage from the model of the centralized financial device of the country to the principles of the decentralization of budgetary device is substantiated.

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