Providing the Budget Transparency and State Projects Efficiency Monitoring in Russia

Ivanova, Olga; Bogoslavtseva, L. V.; Karepina, Oksana I.; Kostoglodova, Elena D.

doi:10.35808/ersj/599

Cited by 10 publications

(3 citation statements)

References 5 publications

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“…Financial literacy of the population is a complex concept. In a broad sense, it is about the ability of the population to rationally manage the finances of households (keep records of income and expenditure, competently implement short-term and long-term financial planning), being aware on the state of legislation and the situation in financial markets and to understand the features of various financial products and services (Ivanova et al, 2017a).…”

Section: Theoretical Empirical and Methodological Grounds Of The Rementioning

confidence: 99%

Improvement of Financial Literacy as a Crucial Factor of Economic Development

Vovchenko¹,

Galazova²,

Danchenko³

et al. 2018

ERSJ

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Issues on the public financial literacy are highly relevant in the context of expanding opportunities of financial services used, increasing the complexity and the appearance of new financial tools. Ensuring personal financial security is becoming an important factor of economic development and public welfare improvement. Nevertheless, a low level of financial literacy negatively impacts personal welfare and a financial potential of households, deteriorates the resource base of financial institutions, hampers the financial market development, retards investment processes in economics and leads to the aggravation of the socioeconomic situation of the country. In this regard, the following tasks have been set in this study. To consider a conceptual characteristic of the notion "financial literacy" and its componentsfiscal and taxation literacy; study the contemporary international and Russian practice of financial literacy improvement as a factor for the economic development of a country. The article substantiates the following: the constructive use of the best practices should create real opportunities for raising the level of financial literacy of the population in the Russian Federation, increase confidence in the financial system, reduce the financial risks of consumers of financial services and improve the population's welfare.

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Section: Theoretical Empirical and Methodological Grounds Of The Rementioning

confidence: 99%

Improvement of Financial Literacy as a Crucial Factor of Economic Development

Vovchenko¹,

Galazova²,

Danchenko³

et al. 2018

ERSJ

Self Cite

View full text Add to dashboard Cite

show abstract

“…Кроме проблемы исполнения расходов бюджета, которая, на наш взгляд, носит приоритетный характер в современных условиях, о чем свидетельствует отставка Правительства РФ в полном составе в январе 2020 г., последовавшим за провальным по результатам исполнения 2019 г., является неослабевающая и до сих пор не получившая решения проблема оценки экономической эффективности расходования бюджетных ресурсов [13].…”

Section: проблемы исполнения бюджета в рамках реализации программно-цunclassified

Problems of Implementation of Program-Targeted Method of Budget Expenditures in the Russian Federation

Дорофеев¹

2020

Bulletin of Udmurt University. Series Economics and Law

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The ongoing reform of public administration and the budgetary system has increasingly focused on improving budgetary efficiency. The best method to achieve this is a program-targeted method of planning and financing budget expenditures. While earlier planning in terms of the functions of local governments did not create incentives for optimal allocation of funds and focused only on the costs of maintaining the relevant bodies and subordinate institutions, the application of program-targeted planning requires a shift in the focus of budgetary expenditures towards results. Developed countries have begun to apply these planning methods since the middle of the last century, and to date there has been a wealth of experience that can be used in the practice of the Russian Federation, for which this method of planning expenditures is still quite new and causes a number of problems and difficulties in implementation. The article presents an overview study and systematization of the problems of implementation and evaluation of the effectiveness of the program-targeted method of planning state and municipal expenditures in the Russian Federation. The author identifies main difficulties faced by the budget system in 2018-2019, makes conclusions and recommendations for its improvement in the Russian Federation.

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Section: Introductionmentioning

confidence: 99%

Improving Financial Literacy as a Prerequisite for Increasing Fiscal Capacity: The Bulgarian Case

Aleksandrova¹,

Ismailov²

2021

Proceedings of ADVED 2021- 7th International Conference on Advances in Education

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Nowadays, the question of financial literacy and its interdependence with different aspects of the social and economic life of the state and citizens is being raised more often than ever. In the scientific field, numerous studies are exploring the relationship between the level of financial literacy of citizens and the financial decisions they make at different stages of their lives, according to their different needs. While in early studies of financial literacy researchers focused primarily on issues of personal finance administration and the level of basic financial knowledge, nowadays financial literacy is seen as a much broader and complex concept. The perceived individual need to make adequate financial decisions creates the need for specific financial knowledge and skills, i.e., financial literacy. Individual's responsibility for decision-making related to welfare, health and pension insurance, relationships with credit institutions and the state leads to the increasing and pressing need to improve financial literacy and incorporate (study) it in the educational processes.An essential component in the process of making informed financial decisions and the resulting rights and obligations of citizens is the relationship with the state, i.e., the fiscal. Good knowledge of the structure of public finances, the tax system, the methods for calculating taxes due, etc. have a significant impact on this process. The current study aims to establish the level of financial literacy held by citizens and to test the research hypothesis that high financial literacy is a prerequisite for improving the country's fiscal capacity. For the purposes of the study, the authors have developed a unique survey, structured in 21 questions, conditionally divided into 3 groups. The survey analyses the results obtained by 266 respondents.

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Providing the Budget Transparency and State Projects Efficiency Monitoring in Russia

Cited by 10 publications

References 5 publications

Improvement of Financial Literacy as a Crucial Factor of Economic Development

Improvement of Financial Literacy as a Crucial Factor of Economic Development

Problems of Implementation of Program-Targeted Method of Budget Expenditures in the Russian Federation

Improving Financial Literacy as a Prerequisite for Increasing Fiscal Capacity: The Bulgarian Case

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