Transfers from Federal to Regional Budgets in Russia: A Statistical Analysis

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Abstract
A noted Japanese investigator of Soviet and post-Soviet economic affairs presents and analyzes flows of financial transfers from federal to regional budgets in the Russian Federation from 1992 through August 1998. The author attempts to measure such transfers, clarify their definition, as well as examine the available statistical data relating to the distribution of funds to Russia's 89 regions. He also identifies trends and assesses the major characteristics of the flows. Tabular presentations covering grants, subsidies, and budget loans during the period are based on a variety of official statistical sources, appropriately reconciled and conformed to develop a credible time series. Journal of Economic Literature, Classification Numbers: H61, H72, O52. 6 tables, 35 references.