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Role of Municipal Finances in Modern Economy

Proceeding
DOI: 10.31483/r-97506
Open Access
All-Russian scientific and practical conference with international participation «Law, Economics and Management»
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Published in:
All-Russian scientific and practical conference with international participation «Law, Economics and Management»
Authors:
Oksana E. Ivanova 1 , Natalia V. Parkhomenko 1
Work direction:
Общие вопросы экономических наук
Pages:
25-28
Received: 25 December 2020

Rating:
Article accesses:
5411
Published in:
РИНЦ
1 Don State Technical University
For citation:
Ivanova O. E., & Parkhomenko N. V. (2021). Role of Municipal Finances in Modern Economy. Law, Economics and Management, 25-28. Чебоксары: PH "Sreda". https://doi.org/10.31483/r-97506

Abstract

Currently, Russia is undergoing transformational processes that require a revision of the understanding of the nature and role of municipal Finance in the modern economy. The article presents the definitional certainty of the category "municipal Finance", scientific approaches to the structure and composition of municipal Finance, sources of financial resources of the municipality, as well as elements of municipal Finance. It is concluded that the role of municipal Finance in the modern economy is predetermined by the challenges associated with economic instability, budget deficit, on the other hand, the prerequisites for revising the current approach associated with expanding the understanding of the role of the population, local self-government bodies in the process of economic development of territories

References

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  2. 2. Морунова Г.В. Концептуальные основы стратегического развития муниципальных финансов / Г.В. Морунова // Самоуправление – 2019. – №3 (116). – С. 35–39.
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  5. 5. Сабитова Н.М. О понятийном аппарате в финансах / Н.М. Сабитова // Вестник финансового университета. – 2014. – №1. – С. 74–81.

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