Developing Interbudget Financial Torrents According To The Principles Of Repayment

About the author:

Svetlana A. Terekhova,

Abstract:

Subject of the study — the mechanism of interbudget relations. Purpose of the work — to study the motivational link between subsidies and the dynamics of the socio-economic situation. Work methodology is based on multidimensional analysis of budgets and indicators of socio-economic situation in the regions. As a result, we can observe the following: the lack of motivational component to economic growth; increasing of the number of subsidized Russian regions; there is a crossflow of value added cost from one region to another; in algorithm calculation of subsidies amount is not defined social component, which characterizes level of conditions for the human potential development; other components are controversial in terms of the motivation of the regional socio-economic system and its sub-systems. Conclusion: In the arrangement of interbudget relations for the purpose of the regional development should be provided alignment model of conditional (financial) levels in human capital. A proposed model is based on the status of the territorial unit for the index value of socio-economic forces (ISEF). The scheme of a favorable financial flow for territorial development is given. The calculation of IsEF is performed by group specific values per person (tax potential, the level of human development conditions, etc.). The established ISEF determines the status of the territorial unit and is regulated by the legal-normative act of the region.

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