International Conference "The Challenges for Russia’s PoliticizedEconomic System"

Director of the Institute Irina Ilina and Head of the department for regional studies of the State and Municipal faculty Carol Scott Leonard presented the report "Russian Regional Finance: ManagingResource Abundance. A case study ofKhanty-Mansyisk" at the International Conference within Session 3 "Regional development". The Conference was arranged by Swedish Defence Research Agency, FOI and Swedish Chamber of Commercefor Russia & CIS at Mannheimer Swartling (Stockholm).

Russian Regional Finance: Managing Resource Abundance. A Case Study of Khanty-Mansyisk (Abstract)
Carol Scott Leonard, Oxford University & HSE & Irina Ilina, HSE
This paper is part of a larger project on governance and growth in Russia’s regions and examines a case study of the Khanty-Mansyisk budget strategy for diversification and growth in an oil abundant region.  As Russia’s economy grows more concentrated, ‘partial centralization’, the modern and reformed regime in Russia, aims to promote local initiative while also fiscal equalization. Federal spending recently enjoyed considerable success during the financial crisis. Since 2009, it has weaned regions off federal subsidies. This case study asks if capacity building is effect on one oil-abundant region, or is growth constrained by federal budget policies.
Programme 20 March 2014.pdf