HORIZONTAL INTERBUDGETARY TRANSFERS AS AN IN-STRUMENT OF FINANCIAL INTERACTION BETWEEN REGIONS AND MUNICIPALITIES

Author(s): Bogomolova A.A.

Rubric: Economy

DOI: 10.21777/2587-554X-2022-1-12-18

Release: 2022-1 (40)

Pages: 12-18

Keywords: interregional cooperation, inter-municipal cooperation, interac-tion, agreement, horizontal subsidies, region, municipal entity

Annotation: Inter-regional and inter-municipal cooperation plays an important role in reducing the socio-economic differentiation of Russian territories. Despite all the available forms of cooperation between regions and municipalities, it should be noted that it is underdeveloped and needs improvement. This article considers such a mechanism of inter-regional and inter-municipal interaction as horizontal inter-budgetary transfers, which are the movement of funds between territories of the same level. The main forms and directions of regional and municipal cooperation, the specifics of horizontal subsidies at the municipal level, as well as the experience of using this mechanism in the framework of inter-regional interaction, in particular during the implementation of infrastructure projects were briefly considered during the investigation. According to the results of the study, the main shortcomings in the use of this mechanism were identified, and a number of measures for its improvement were proposed.

Bibliography: Bogomolova A.A. HORIZONTAL INTERBUDGETARY TRANSFERS AS AN IN-STRUMENT OF FINANCIAL INTERACTION BETWEEN REGIONS AND MUNICIPALITIES // Economics and Management. – 2022. – № 1 (40). – С. 12-18. doi: 10.21777/2587-554X-2022-1-12-18