Finance and Credit

Abstracting and Indexing

Referativny Zhurnal VINITI RAS
LCCN Permalink
Google Scholar

Online available



Cyberleninka (12 month OA embargo)

Modern trends in and problems of the national public finance management system development

Vol. 25, Iss. 6, JUNE 2019

Received: 15 May 2019

Received in revised form: 29 May 2019

Accepted: 12 June 2019

Available online: 28 June 2019

Subject Heading: FISCAL SYSTEM

JEL Classification: H10, H50, H60, H80

Pages: 1353–1372

Glushakova O.V. Siberian State Industrial University(SibSIU), Novokuznetsk, Kemerovo Oblast, Russian Federation

Subject The article examines the condition of institutional environment focused on transparency of public finance in Russia and civic participation through the management of public finance flows.
Objectives The purpose of the study is to identify the main trends and problems in the development of the national public financial management system.
Methods The study rests on the institutional approach. I also employ methods of analysis, synthesis, comparison, and statistical techniques.
Results The paper unveils the main problems and development areas of the national public financial management system in Russia. Despite the high level of institutionalization, which is targeted at transparency of the budgetary system of the Russian Federation, the development of tools intended to ensure the availability of budget information for all stakeholders, the involvement of citizens in the process of public financial flows management and their impact on political decisions are insignificant in this area. The paper also formulates the indications of public finance management.
Conclusions Amendments to the existing fiscal legislation from the perspective of expanding the list of budget process participants and including independent representatives of civil society therein, and further development of participatory mechanisms will enable to increase the level of civic participation in management decisions in the sphere of formation and use of centralized cash funds.

Keywords: public management, public financial flows, budget, centralized cash fund


  1. Naryshkin S.E., Khabrieva T.Ya. [Administrative reform in Russia: Certain results and challenges of legal science]. Zhurnal rossiiskogo prava = Journal of Russian Law, 2006, no. 11, pp. 3–13. URL: Link (In Russ.)
  2. Glushakova O.V. [About the key component of the methodology of international architecture of the public financial management and the problems of its provision in the Russian Federation]. Sibirskaya finansovaya shkola = Siberian Financial School, 2018, no. 6, pp. 79–85. URL: Link (In Russ.)
  3. Chulkov A.S. [‘Citizens budget’ as a method of increasing the transparency of the budgetary system]. Finansy = Finance, 2015, no. 7, pp.18.–22. (In Russ.)
  4. Fadeikina N.V., Leonov V.V., Baranova I.V. et al. Razvitie instrumentariya vzaimodeistviya sub"ektov sistemy publichnogo upravleniya sotsial'no-ekonomicheskim razvitiem territorii [Developing the tools for interaction between entities of public administration involved in socio-economic development of territories]. Novosibirsk, SAFB Publ., 2012, 444 p.
  5. Laffer A.B. The Ellipse: An Explication of the Laffer Curve in a Two-Factor Model. The Financial Analyst's Guide to Fiscal Policy. New York, Praeger, 1986, pp. 1–35.
  6. Sevryugin V.E. [Public governance doctrine in the administrative law of the Russian Federation]. Vestnik Tyumenskogo gosudarstvennogo universiteta. Sotsial'no-ekonomicheskie i pravovye issledovaniya = Tyumen State University Herald. Social, Economic, and Law Research, 2011, no. 3, pp. 92–97. (In Russ.)
  7. Minakov P.A. Publichnaya vlast': politologicheskii aspect [Public authority: A political aspect]. Ufa, Bashkir State University Publ., 2008, 199 p.
  8. Borisov V.K., Bocharova E.Yu. [Contemporary concepts of public administration: The ethical aspect]. Vestnik Moskovskogo universiteta. Seriya 21. Upravlenie (gosudarstvo i obshchestvo) = Moscow University Economics Bulletin. Series 21. Governance (State and Society), 2013, no. 2, pp. 32–43. URL: Link (In Russ.)
  9. Zhigalov V.M., Pakhomova N.V. [The Application of Contemporary Concepts of Public Administration to Achieve the Objectives of the New Climate Policy]. Vestnik Sankt-Peterburgskogo universiteta. Ekonomika = Vestnik of Saint-Petersburg University. Economics, 2016, no. 3, pp. 74–94. URL: Link (In Russ.)
  10. Baranov I.N. [New public management: Evolution of the theory and practical application]. Rossiiskii zhurnal menedzhmenta = Russian Management Journal, 2012, vol. 10, no. 1, pp. 51–64. URL: Link (In Russ.)
  11. Glushakova O.V., Vaisberg Ya.A. [On essence, content and correlation of concepts of State administration, social administration, and public administration]. Sibirskaya finansovaya shkola = Siberian Financial School, 2013, no. 6, pp. 3–9. URL: Link (In Russ.)
  12. Fadeikina N.V. [Prerequisites for creating in Russia an effective public administration system for sustainable socio-economic development of governmental entities based on modern e-government and e-budget models]. Sibirskaya finansovaya shkola = Siberian Financial School, 2013, no. 4, pp. 43–54. URL: Link (In Russ.)
  13. Fedulova E.A. Razrabotka, realizatsiya i otsenka investitsionnoi strategii v sisteme publichnogo upravleniya ekonomicheskim razvitiem territorii [Development, implementation and evaluation of investment strategy in the public administration system for economic development of territories]. Novosibirsk, SAFB Publ., 2014, 399 p.
  14. Yanovskii A.V. [Public management as an object of analysis based on conceptual approach]. Nauka i obrazovanie: khozyaistvo i ekonomika; predprinimatel'stvo; pravo i upravlenie, 2017, no. 7, pp. 23–33. URL: Link (In Russ.)
  15. Tkachenko I.N., Meteleva M.A. [The process of public governance of investment activities' infrastructure at meso level]. Izvestiya Ural'skogo gosudarstvennogo ekonomicheskogo universiteta = Journal of Ural State University of Economics, 2018, vol. 19, no. 2, pp. 5–23. URL: Link (In Russ.)
  16. Revyakin S.A. [Thesaurus for public participation projects]. Azimut nauchnykh issledovanii: ekonomika i upravlenie = ASR: Economics and Management, 2017, vol. 6, no. 2, pp. 235–238. (In Russ.)
  17. Glushakova E.S., Bagrova N.V. [The role of public participation in architectural design in case of planning outdoor recreation public spaces for citizen - end-users architecture]. Tvorchestvo i sovremennost', 2017, no. 1, pp. 14–27. (In Russ.) URL: Link
  18. Sinkina A.A. [Budget for citizens as an public administration tool of public finance]. Sibirskaya finansovaya shkola = Siberian Financial School, 2017, no. 1, pp. 79–85. URL: Link (In Russ.)

View all articles of issue


ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

Journal current issue

Vol. 25, Iss. 9
September 2019