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Reduction in Budgetary Expenditure on Social Services as one of the Russian Economy Stabilization Plan Direction

Author

Listed:
  • Elena Ivanova Danilina
  • Oksana Sergeevna Gaifutdinova
  • Nikolay Kuznetsof

Abstract

This article discusses the problem of reduction in budgetary expenditure as one of the priority directions in economic development and social stability of the Russian Federation being in an unfavorable geopolitical situation. The dynamics and structure of expenditures of the Russian Federation federal budget are being analyzed as well as budgetary expenditure control specifics against the background of budget deficit. The article highlights the Russian regions social burden and provides the social sphere optimization results. According to the research results, the author proposes a set of measures to reduce the social spending in the Russian Federation, including the pension reform improvement; better targeting of social transfers and subsidies; social institutions network optimization.

Suggested Citation

  • Elena Ivanova Danilina & Oksana Sergeevna Gaifutdinova & Nikolay Kuznetsof, 2015. "Reduction in Budgetary Expenditure on Social Services as one of the Russian Economy Stabilization Plan Direction," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 247-260.
    • Handle: RePEc:ers:journl:v:xviii:y:2015:i:4:p:247-260
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    Cited by:

    1. V.A. Slepov & V.K. Burlachkov & T.P. Danko & M.E. Kosov & I.I. Volkov & O.A. Grishina & V.D. Sekerin, 2017. "The Country's Economic Growth Models and the Potential for Budgetary, Monetary and Private Financing of Gross Domestic Product Growth," European Research Studies Journal, European Research Studies Journal, vol. 0(4A), pages 488-500.
    2. A.E. Skhvediani & T.Y. Kudryavtseva, 2018. "The Socioeconomic Development of Russia: Some Historical Aspects," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 195-207.
    3. repec:ers:journl:v:volumexxi:y:2018:i:issue4:p:162-173 is not listed on IDEAS
    4. Lisa Kustina & Junedi, 2017. "ASEAN Economic Community Impact on SMSs: A Regional Case Study," European Research Studies Journal, European Research Studies Journal, vol. 0(4B), pages 432-438.
    5. Pavel Pavlovich Vetrenko & Vitaly Anatolievich Mordovets & Elena Vasilievna Yaluner, 2017. "Development of Intellectual Capital in the Russian Economy to Ensure the Economic Security of a Corporation Under Competition," European Research Studies Journal, European Research Studies Journal, vol. 0(4A), pages 604-618.
    6. E. Nakhratova & I. Ilina & O. Urzha & E. Kryukova & E. Potekhina, 2018. "Minimum Living Wage as a Basic Aspect for Managing the Population`s Life Quality in Russia," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 601-610.
    7. Yury Yuryevich Rusanov & Natalia Nikolaevna Natocheeva & Tatiana Viktorovna Belyanchikova & Gulmira Sultanovna Bektenova, 2017. "Project Lending in Banking Risk Management," European Research Studies Journal, European Research Studies Journal, vol. 0(4B), pages 453-471.
    8. Larisa Bule & Liga Leitane, 2017. "Contribution of Private Fund Managers to the Accumulation of Pension Capital of the Second Tier of Latvian Pension System in 2012-2016," European Research Studies Journal, European Research Studies Journal, vol. 0(3A), pages 624-634.
    9. A.M. Chernysheva & N.P. Gusakov & A.A. Trofimova, 2018. "Diversification of Transit Risks of Russia as a Basis for Economic and Energy Security in European Countries," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 162-173.
    10. Mihail Nikolaevich Dudin & Vadim Nikolaevich Zasko & Elena Olegovna Chernyh & Elena Ivanovna Sukhova & Maria Vladimirovna Sedova & Ulugbek Saidkarimovich Ziyadullaev, 2018. "Russia's Integration in the World Economy and its Economic Security," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 624-635.
    11. repec:ers:journl:v:volumexxi:y:2018:i:issue4:p:545-556 is not listed on IDEAS
    12. A.S. Kulmaganbetova & K.K. Abuyov & N.Z. Akhmetova, 2018. "Development of the Land Market in the Republic of Kazakhstan," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 545-556.
    13. Risna Triandhari & Sugiharso Safuan & M. Syamsudin & Halim Alamsyah, 2017. "The Effect of Allocation of Dividend of the Regional Government-Owned Enterprises and the Empowerment Efforts on the Revenue of Regional Government: The Case of Indonesia," European Research Studies Journal, European Research Studies Journal, vol. 0(4B), pages 244-258.
    14. repec:ers:journl:v:volumexxi:y:2018:i:issue4:p:195-207 is not listed on IDEAS
    15. V.A. Slepov & V.K. Burlachkov & T.P. Danko & M.E. Kosov & I.I. Volkov & N.V. Ivolgina & V.D. Sekerin, 2017. "Model for Integrating Monetary and Fiscal Policies to Stimulate Economic Growth and Sustainable Debt Dynamics," European Research Studies Journal, European Research Studies Journal, vol. 0(4A), pages 457-470.
    16. Olga Viktorovna Kitova & Viktoriya Mikhailovna Savinova & Ludmila Pavlovna Dyakonova & Sergey Naumovich Bruskin & Anton Andreevich Beshmelnitskiy & Tamara Petrovna Danko & Vladimir Dmitrievich Sekerin, 2017. "Information-Analytical System for Forecasting Indicators of the Social and Economic Sphere of the Russian Federation," European Research Studies Journal, European Research Studies Journal, vol. 0(4A), pages 275-283.

    More about this item

    Keywords

    Budgetary Resources; Social Spending; Federal Budget; Reserve Fund; Social Burden; Social Sphere Optimization;
    All these keywords.

    JEL classification:

    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • P2 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies

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