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Reforming the Russian Budget System :, A Move to More Devolved Budget Management?, Jack Diamond

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Reforming the Russian Budget System :, A Move to More Devolved Budget Management?, Jack Diamond
The Russian federal government has recently initiated a fundamental reform of its budget system, encompassing important policy, procedural, and institutional changes. This paper reviews this reform agenda with reference to the experience of industrial countries that over the past two to three decades have followed a similar reform path toward a more devolved budget management system. From this perspective, the importance of the strength of existing public expenditure management systems to accommodate increased devolution and the scope for employing decentralized agencies is explored. An assessment of the present Russian reform plans in light of this review reveals a number of concerns. First, the speed of the reforms contemplated appears overly ambitious when judged by the experience of other countries. Second, the preparedness of budget institutions is questionable. Third, change management capacity needs strengthening with a more carefully defined strategy. Last, in light of these concerns, it is argued that the scope and "big-bang" approach of the current reform plans may need reformulation into a more sequenced strategy with clearer reform priorities
international or intergovernmental publication
Literary form
non fiction
Main title
Reforming the Russian Budget System :
Nature of contents
Responsibility statement
Jack Diamond
Series statement
IMF Working Papers
Sub title
A Move to More Devolved Budget Management?
Table of contents
Contents -- I. Russia's Latest Budget System Reform Initiative -- II. A Three-Pronged Approach To Budget System Reform -- III. Recent Trends In OECD Member Countries -- IV. Lessons from Industrial Country Experience: The Importance Of A Solid PEM Platform -- V. Lessons from OECD Experience: Devolved Agencies As A Panacea? -- VI. An Assessment Of The Russian Reforms -- VII. Concluding Remarks -- References