Development of intergovernmental fiscal relations in a region: theory and practice issues

The paper deals with the issues related to establishment of intergovernmental fiscal relations in Constituent Entities of the Russian Federation. Particular consideration is given to theoretical issues referred to: fi nance centralization criteria; principles of authority and resource allocation according to territorial levels; effi ciency of budget adjustment policy and individual approach to territories. The author has made close analysis of intergovernmental fiscal relations in municipal entities of the Perm region; as a result, principal issues related to development of the given entities have been set forth. The ways to enhance intra-regional and inter-budget relations in the Russian Federation have been suggested.