The State Budgetary Policy in the Conditions of Crisis: Regional Aspect

Abstract

The modern crisis in the Russian economy, which developed for the last calendar year, demands rather accurate response of government bodies of executive power to the accruing problems of social and economic character. Traditional rules of management of the state financial streams have to be changed and replaced on new ones, meeting the existing requirements and the arising obligations. The state programs and plans painted for some year’s ahead need to be corrected quite strongly today that has to be reflected first of all in the realized budgetary policy of the state. The assessment of the existing situation and parameters of voted budgets will allow presenting accurately tendencies and results of the modern anti-recessionary program of the government. The work purpose - to emphasize features and specifics of the budgetary powers of the state in system of formation, management, coordination of indicators of social and economic development in the conditions of financial crisis. In the article methods of the comparative analysis, systematization, classification, vertical and horizontal analysis, graphic analysis, generalization were used. The work represents the complex analysis of the realized budgetary policy, both on federal, and at the regional level of the government. Research allowed to draw a conclusion on low probability of implementation of the planned account obligations, on reduction of support from federation to regions that in 2015 will aggravate the existing problems. On the basis of the conducted research the conclusion that the balanced development of all country requires accumulation of tax capacity of regions and formation of more attractive business environment today is drawn.

Keywords

• financial crisis
• economic growth
• regional policy
• economic policy
• budgetary system
• interbudgetary relations