Бюджетный федерализм и пути его совершенствования в Российской Федерации

Abstract

The article describes the specifics of Russian federalism and the main directions to improve federal relations in the Russian Federation. Historically, inter-budget relationships have been created as a result establishing the relationships between budget regulators at three levels of management. These relations made it possible to maintain the necessary level of financial and administrative security for each of the subjects of budgetary relations within the territory of a single state. In Russia, the emergence of these relationships took place at the beginning of democratization, which became an integral part of the socio-economic and political development of the state. The creation of a new legal framework contributed to the separation and distribution of budgetary powers between the federal bodies of state authority, bodies of authority in the subjects of the Russian Federation, and local authorities. However, all the positive effects had to be systematized and formalized at the legislative level in the form of a regulatory legal act. This document was supposed to take into account aspects related to the distribution of income revenues to the budgets of the three levels of state planning and management. The system of budgetary relations of the Russian Federation has changed; this was characterized by the allocation of levels of budget planning and the division of roles between the elements of the system. Fiscal federalism is one of the most important components of the federal system of the state. Due to the presence of a properly structured system of fiscal federalism, the state can influence the process of economic growth, to determine the further strategy of development of the financial, economic, and social profile of the regions.