IDEAS home Printed from https://ideas.repec.org/a/fru/finjrn/180209p106-119.html
   My bibliography  Save this article

Budget Balance and Government Debt As Indicators of Region’s Financial and Budgetary Security

Author

Listed:
  • Leyla B. Mokhnatkina

    (Orenburg State University, Orenburg 460018, Russia)

Abstract

The article is focused on financial and budgetary aspect of regional economic security. The author considers a concept of budget balance in a broad and narrow sense and determines its quantitative and qualitative characteristics. An approach to the structuring of public debt, which helps to assess the impact of market and non-market debt obligations on the balance of regional budgets, has been implemented. The author critically evaluates approaches to normalization of the budget deficit and public debt implemented in the Russian budget legislation. There is also an analysis of the dynamics of regional budgets’ balance in relation to the dynamics of public debt by the example of indicators of the Russian Federation and Orenburg region. At the end of the article the author draws the conclusions concerning the account of short-term and long-term economic effects on the debt policy of the subject of the Russian Federation and formulates a more reasonable use of the budget balance indicator as an indicator of financial and budgetary security of the regions.

Suggested Citation

  • Leyla B. Mokhnatkina, 2018. "Budget Balance and Government Debt As Indicators of Region’s Financial and Budgetary Security," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 2, pages 106-119, April.
    • Handle: RePEc:fru:finjrn:180209:p:106-119
    DOI: 10.31107/2075-1990-2018-2-106-119
    as

    Download full text from publisher

    File URL: http://www.nifi.ru/images/FILES/Journal/Archive/2018/2/statii_2018_2/fm_2018_2_09.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.31107/2075-1990-2018-2-106-119?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Mikhail V. Milchakov, 2016. "Budgets of Russian Regions: Government Debt Accumulation and Public Spending," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 3, pages 66-78, June.
    2. Sergey Mityakov & Yevgeniy Mityakov & Natalya Romanova, 2013. "The economic security of the Volga Federal District regions," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 81-91.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Antonina S. Kovalevskaya & Svetlana I. Nikulina, 2018. "Government Guarantees as an Instrument for Investment Risk Allocation," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 5, pages 23-33, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sergei N. Mityakov & Evgenii S. Mityakov & Andrey I. Ladynin & Ekaterina A. Nazarova, 2023. "Country Economic Security Monitoring Rapid Indicators System," Economies, MDPI, vol. 11(8), pages 1-19, August.
    2. Vladislav V. Bukharsky & Evgeniya Y. Vetrova & Alexey M. Lavrov, 2017. "Correlation Analysis of the Debt Burden on the Budgets of the Russian Federation Subjects in 2005–2016," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 6, pages 9-24, December.

    More about this item

    Keywords

    balanced budget; indicators; threshold values; financial and budgetary security; budget deficit; debt; public debt; debt policy; revenue and expenditure of budgets;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fru:finjrn:180209:p:106-119. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gennady Ageev (email available below). General contact details of provider: https://edirc.repec.org/data/frigvru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.