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Budget Limitations as a Barrier on the Path of State Management of Socioeconomic Development of a Multicultural Region

In: Public Administration and Regional Management in Russia

Author

Listed:
  • Evgeny E. Shvakov

    (Altai State University)

  • Galina G. Vukovich

    (Kuban State University)

  • Irina N. Shvetsova

    (Syktyvkar State University)

Abstract

The purpose of the chapter is to study the specific features of formation and spending of the state budget in multicultural regions and the influence of budget limitations on state management of socioeconomic development of a multicultural region. It is substantiated that in a modern multicultural region the problem of budget limitations is very urgent. This is caused by the increased complexity of tax administration due to low tax discipline of migrants (and their companies), large share of the shadow economy, and the increased load on the regional budget that is connected to large expenditures for sociocultural measures. The deficit of state budget in multicultural regions does not allow for sufficient expenditures, but, at the same time, does not hinder the full-scale implementation of the necessary sociocultural measures, as multicultural regions have additional (non-budget: absent or weak in monocultural regions) methods of state management of socioeconomic development due to high level of globalization and expanded opportunities of attraction of private capital.

Suggested Citation

  • Evgeny E. Shvakov & Galina G. Vukovich & Irina N. Shvetsova, 2020. "Budget Limitations as a Barrier on the Path of State Management of Socioeconomic Development of a Multicultural Region," Contributions to Economics, in: Elena G. Popkova & Konstantin V. Vodenko (ed.), Public Administration and Regional Management in Russia, chapter 0, pages 195-202, Springer.
    • Handle: RePEc:spr:conchp:978-3-030-38497-5_22
    DOI: 10.1007/978-3-030-38497-5_22
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