CEU Electronic Theses and Dissertations, 2010
| Author | Azarova, Aytalina Andreevna |
|---|---|
| Title | The effects of soft budget constraints on market development: the case of Russian regions |
| Summary | The present research contributes to the comparative political economic literature on regional governments by identifying the political factors that account for differences in regional governmental performance in asymmetrical federations in the period of transition. Understanding factors that drive and limit the soft budget constraints in federal fiscal relations is important, as it reveals the rationale behind the allocation of central transfers in Russian Federation: the thesis shows that these transfers were a function of political bargaining game between the central and regional government and demonstrated how the conditions of soft budget constraints conditions were achieved. The contribution of this work lies in answering the question as to what exactly boosted the bargaining power of the region in its pursuit of privileges in fiscal sphere, and that certain Russian regions used the credibility of threats as an opportunity to elicit more federal aid. |
| Supervisor | Toka, Gabor |
| Department | Political Science PhD |
| Full text | https://www.etd.ceu.edu/2010/pphaza01.pdf |
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