The Russian Budget: Why So Much Fuss?

Author(s): Philip Hanson
Editor(s): Aglaya Snetkov Stephen Aris
Series: Russian Analytical Digest (RAD)
Issue: 121
Pages: 2-4
Publisher(s): Center for Security Studies (CSS), ETH Zurich; Research Centre for East European Studies, University of Bremen; Institute for European, Russian and Eurasian Studies, George Washington University
Publication Year: 2012

Disagreements among policy-makers over budget plans have become unusually open. They reflect profound differences of view within the elite over Russias future development. Those who seek rapid fiscal consolidation have little faith in state intervention and also seek fundamental reforms in the state pension system and in the states control over energy assets. Such disagreements will not be quietly resolved.

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