The paper defines conditions necessary for a financial base of a local government, proposes a technique to analyze the structure, fiscal sustainability and efficiency of subfederal fiscal policy examined on the basis of fiscal data on Novosibirsk Oblast for the period 2006–2012. We have...

The paper analyses the issues of how regional and local budgets can interplay to generate a financial base for local authorities. The author evaluates the structures of local budgets and the indices calculated for local budgets dissimilarity before and after transfers from regional budgets;...

The paper analyses different variants of the distribution of responsibilities between governments and the issues concerning enlargement of financial base for local governments. We consider local government here as a political and socio-economic base of any contemporary country. The tendency to...

The paper considers the key fiscal indicators for Novosibirsk City and offers the technique of assessing a city’s budget and the intergovernmental fiscal flows. Having applied this technique, the author has calculated these indicators over 1996-2004 and has analyzed the balance between fiscal...

The paper shows the formation of the financial base of local governments and proposes procedures for the analysis of the structure of budgets, of their stability and efficiency of the sub-federal budgetary policy. The estimations are made on the case of the Novosibirsk region: its structure of...

The study presents the author's recommendations on how to improve a local fiscal and tax system with regard to such issue as the revenue and tax distribution and a total increase of local budgets. We offer a management structure which allows the effective distribution of powers and budget...