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Region: Economics and Sociology

2019 year, number 3

Flow of Financial Resources between the Federal Budget and the Arctic Regions in Russia

S. TABATA
Slavic Research Center of Hokkaido University, Sapporo, Japan
Keywords: Арктика, арктические регионы, федеральный бюджет, региональный бюджет, налоги, Arctic, Arctic regions, federal budget, regional budget, taxes

Abstract

The article analyzes financial flows emerging between the Russian Arctic regions and the federal budget. The Arctic regions in Russia are financially sound across the board and provide meaningful contributions to the federal budget. The regions in question are capable of independent development without permanent subsidies from the federal center, even considering environmental and local security expenditures.