CASE Policy Briefs, Eastern Europe, Caucasus and Central Asia, Financial sector, fiscal reforms, Institutional reforms, monetary policy, Post-communist transition and development issues, Russia

Institutions of the Russian fiscal federalism: 20 years of evolution

In this brief, Elena Jarocinska summarizes the main thrust of Russian federal fiscal institutions and discusses their specific features. She describes the evolution of federal fiscal regulations since the establishment of the Russian federal state. As a conclusion, she offers the following policy recommendations: tax autonomy of subnational governments which is currently very limited should be increased; federal aid should be further formalized and made more transparent; regulations should not be changed from year to year to provide for a more stable environment; and subnational interests should be better protected at the institutional level.