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Kurenkov D., Ryabinina E.

The problem of balancing the budget of the Chuvashc Republic

Keywords: budget, revenue, expenditure, deficit, balance, investment, and economic growth

The aim of the research article is: consolidation and development of the theoretical issues of the budget deficit in terms of inflation; the rationale for its reduction in the budget of the Chuvash Republic for increased investment in the economy and to create conditions for stable economic growth. The article explored the concept of the state budget deficit in terms of inflation and the decline in gross domestic product and gross regional product; Factors reducing the revenues of the Chuvash Republic; the necessity of reducing the deficit of the national budget to ensure increased investment, structural reforms in the national economy and sustainable economic growth; identify risks of budget execution of the Chuvash Republic.

References

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  3. Ministerstva finansov Rossiiskoi Federatsii: ofits. sait [Ministry of Finance of the Fussian Federanion]. Available as: http://old.minfin.ru/en.
  4. Ministerstva finansov Chuvashskoi Respubliki: ofits. sait [Ministry of Finance of the Chuvash Republic]. Available as: http://gov.cap.ru/ ?gov_id=22.
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  6. Yakovlev A.E., Morozova N.V., Vasil’eva I.A. Mesto i rol’ regionov v strategicheskom razvitii natsional’noi ekonomiki [The place and role of regions in the strategic development of the national economy]. Cheboksary, Perfektum Publ., 2013, p. 260.

About authors

Kurenkov Dmitry
candidate of economics, finance, credit and economic security department associate professor, Chuvash State University, Russia, Cheboksary (kurenkovdmitry@yandex.ru; )
Ryabinina Elina
candidate of economics, economics faculty dean, finance, credit and economic security department head, Chuvash State University, Russia, Cheboksary (ryabinina-en@yandex.ru; )

Article link

Kurenkov D., Ryabinina E. The problem of balancing the budget of the Chuvashc Republic [Electronic resource] // Oeconomia et Jus. – 2015. – №2. P. 15-20. – URL: http://oecomia-et-jus.ru/en/single/2015/2/3/.