Content №2 от 2005
Regional development funds as an instrument of financial aid to local budgets
Regional and municipal development funds present a new and not quite established form of financial distribution from federal and regional budgets to regional and local levels, respectively. The practice has shown that the experience of federal/regional monetary relations can be successfully employed at the regional level too. Therefore, the proposals on methods of distribution of resources from the regional development fund made at the federal level can be borrowed for dealing with a similar fund at the sub-federal level.
