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Budget System Reform in Transitional Economies: The Experience of Russia

Author/Editor: Diamond, Jack
Authorized for Distribution: February 1, 2002
Electronic Access: Free Full Text (PDF file size is 987KB)
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate.

Summary: This paper stresses the role of budget system reform in economies in transition as an essential basis for the implementation of effective fiscal policies. However, introducing such structural reforms in often unstable economic environments has not proved easy. Using Russia as a case study, the magnitude of the problems faced is documented, and the strategy of reform eventually adopted is critically reviewed. In conclusion, some lessons are drawn for other transitional countries undertaking similar reforms, and the future agenda for completing these reforms in Russia is indicated.
 
Series: Working Paper No. 02/22
Subject(s): Budgets | Russian Federation | Transition economies | Fiscal management | Budgetary reforms
Author's keyword(s): Budget system reform | Russia
 
English  
    Published:   February 1, 2002        
    ISBN/ISSN:   1934-7073   Format:   Paper
    Stock No:   WPIEA0222002   Pages:   25
    Price:   US$15.00
       
     
Please address any questions about this title to publications@imf.org.