Budget as a tool for managing socio-economic development of the Arctic territories
Abstract With the proclamation of the principles of strengthening independence and increasing the level of sustainable development of the Arctic regions the role of the budget as the main financial tool in the system of state regulation is increasing. Via the budget the state stirs up investments an...
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crioppubl:10.1088/1755-1315/539/1/012081 2024-06-02T08:01:19+00:00 Budget as a tool for managing socio-economic development of the Arctic territories Barasheva, T 2020 http://dx.doi.org/10.1088/1755-1315/539/1/012081 https://iopscience.iop.org/article/10.1088/1755-1315/539/1/012081/pdf https://iopscience.iop.org/article/10.1088/1755-1315/539/1/012081 unknown IOP Publishing http://creativecommons.org/licenses/by/3.0/ https://iopscience.iop.org/info/page/text-and-data-mining IOP Conference Series: Earth and Environmental Science volume 539, issue 1, page 012081 ISSN 1755-1307 1755-1315 journal-article 2020 crioppubl https://doi.org/10.1088/1755-1315/539/1/012081 2024-05-07T13:56:48Z Abstract With the proclamation of the principles of strengthening independence and increasing the level of sustainable development of the Arctic regions the role of the budget as the main financial tool in the system of state regulation is increasing. Via the budget the state stirs up investments and innovations, stimulates economic and social development of territories, and ensures meeting public needs. The current research topicality is caused by the fact that a carefully study of the budget nature, its functional properties makes it possible to identify its capabilities and possibilities for organizing budget planning, which is the basis for ensuring efficient management of processes in the budget and other management areas. The work explores the budget functionality in connection to the stages of the budget process, determining the conditions and possibilities for the functioning and development of socio-economic systems. An assessment is made of the degree to which the budget functions are implemented: the content is revealed, the nature of their actions is determined from the point of view of efficiency of the budget functions. The research revealed that some budget functions did not reach the expected efficiency. The effect of the reproductive and regulatory functions of the budget in terms of, for example, changes in the structure of the economy is poorly expressed, which is confirmed by the continued leading role of the raw materials industry in the Arctic regions. The planning function aimed at achieving balanced budgets partially fulfills its purpose - it does not provide full coverage of expenses with budget revenues. The control function is not fully implemented at the stage of development and further implementation of tax tools. As a result, the development of negative processes in the economic and social spheres of the regions of the Russian Arctic zone continues. Article in Journal/Newspaper Arctic IOP Publishing Arctic IOP Conference Series: Earth and Environmental Science 539 012081 |
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Abstract With the proclamation of the principles of strengthening independence and increasing the level of sustainable development of the Arctic regions the role of the budget as the main financial tool in the system of state regulation is increasing. Via the budget the state stirs up investments and innovations, stimulates economic and social development of territories, and ensures meeting public needs. The current research topicality is caused by the fact that a carefully study of the budget nature, its functional properties makes it possible to identify its capabilities and possibilities for organizing budget planning, which is the basis for ensuring efficient management of processes in the budget and other management areas. The work explores the budget functionality in connection to the stages of the budget process, determining the conditions and possibilities for the functioning and development of socio-economic systems. An assessment is made of the degree to which the budget functions are implemented: the content is revealed, the nature of their actions is determined from the point of view of efficiency of the budget functions. The research revealed that some budget functions did not reach the expected efficiency. The effect of the reproductive and regulatory functions of the budget in terms of, for example, changes in the structure of the economy is poorly expressed, which is confirmed by the continued leading role of the raw materials industry in the Arctic regions. The planning function aimed at achieving balanced budgets partially fulfills its purpose - it does not provide full coverage of expenses with budget revenues. The control function is not fully implemented at the stage of development and further implementation of tax tools. As a result, the development of negative processes in the economic and social spheres of the regions of the Russian Arctic zone continues. |
format |
Article in Journal/Newspaper |
author |
Barasheva, T |
spellingShingle |
Barasheva, T Budget as a tool for managing socio-economic development of the Arctic territories |
author_facet |
Barasheva, T |
author_sort |
Barasheva, T |
title |
Budget as a tool for managing socio-economic development of the Arctic territories |
title_short |
Budget as a tool for managing socio-economic development of the Arctic territories |
title_full |
Budget as a tool for managing socio-economic development of the Arctic territories |
title_fullStr |
Budget as a tool for managing socio-economic development of the Arctic territories |
title_full_unstemmed |
Budget as a tool for managing socio-economic development of the Arctic territories |
title_sort |
budget as a tool for managing socio-economic development of the arctic territories |
publisher |
IOP Publishing |
publishDate |
2020 |
url |
http://dx.doi.org/10.1088/1755-1315/539/1/012081 https://iopscience.iop.org/article/10.1088/1755-1315/539/1/012081/pdf https://iopscience.iop.org/article/10.1088/1755-1315/539/1/012081 |
geographic |
Arctic |
geographic_facet |
Arctic |
genre |
Arctic |
genre_facet |
Arctic |
op_source |
IOP Conference Series: Earth and Environmental Science volume 539, issue 1, page 012081 ISSN 1755-1307 1755-1315 |
op_rights |
http://creativecommons.org/licenses/by/3.0/ https://iopscience.iop.org/info/page/text-and-data-mining |
op_doi |
https://doi.org/10.1088/1755-1315/539/1/012081 |
container_title |
IOP Conference Series: Earth and Environmental Science |
container_volume |
539 |
container_start_page |
012081 |
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1800745628618194944 |