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  • 1
    Online Resource
    Online Resource
    Paris : OECD Publishing
    In:  OECD journal on budgeting Vol. 2, no. 3, p. 119-147
    ISSN: 1681-2336
    Language: English
    Pages: 31 p
    Parallel Title: Parallelausg. Le nouveau système budgétaire russe : Analyse critique et programme de réforme
    Titel der Quelle: OECD journal on budgeting
    Publ. der Quelle: Paris : Organisation for Economic Co-operation and Development, 2001
    Angaben zur Quelle: Vol. 2, no. 3, p. 119-147
    Keywords: Governance ; Russian Federation
    Abstract: One of the major challenges faced by transitional economies has been to adjust institutions that were designed to function in a planning environment to function in an increasingly market-oriented environment. One of the most important of these institutional reforms has been the restructuring of the budget system. The latter should be interpreted quite widely to encompass the institutional framework as well as the administrative procedures that determine the means whereby resources are transferred to government, how the use of these resources is prioritised and directed to agreed policy objectives, and then subsequently managed, controlled, monitored and reported on. Such systems must be defined in terms of a legal framework...
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