Journal of the National Research University Higher School of Economics




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ISSN 1995-459X print
E-ISSN 2312-9972 online
ISSN 2500-2597 online English

Leonid Gokhberg


Rogneda Vasilyeva1, Kazi Sohag1, Shawkat Hammoudeh2
  • 1 Ural Federal University, 19 Mira street, 620002 Ekaterinburg, Russia
  • 2 Drexel University, 3141 Chestnut St, Philadelphia, PA 19104, United States

Unlocking Fiscal Decentralization’s Potential to Narrow Regional Economic Disparities

2023. Vol. 17. No. 4. P. 1–15 [issue contents]
Fiscal decentralization (FD) is widely regarded as a potent instrument for mitigating interregional economic disparities, yet its impact can be multifaceted, contingent on the unique economic landscapes of various regions. This article delves into the ramifications of FD on the economic disparity among Russian regions. The study reveals that FD tends to be more effective when regional disparities are relatively modest. Additionally, the efficacy of FD is closely linked to the political affiliations of regional leaders. Notably, our findings highlight stark differences in the effects of FD between developing and developed regions. To harness the full potential of FD in the former, a tailored set of policy measures is imperative.
Citation: Vasilyeva R., Sohag K., Hammoudeh S. (2023) Unlocking Fiscal Decentralization’s Potential to Narrow Regional Economic Disparities. Foresight and STI Governance, 17(4) (forthcoming).
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