The article determines, describes and analyzes phases of tax reforms in Russia. We estimate macroeconomic and fiscal effects of various tax policies held during the second and third phases of tax reforms. The necessity of providing a balanced budget system, as well as complex assessment of...

The Russian economy was one of the world leaders in the rate of rising prices in 1992-95. Inflation acquired a chronic, self-reproducing character. While the strictest measures were taken to overcome it, as a rule they did not produce the desired results. Thus, the economy reacted to increased...