966O. Bogacheva (bogacheva@nifi.ru),
Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation;
Financial Research Institute (NIFI), 3, bld. 2, Nastas’inskii Per., Moscow, 127006, Russian Federation;
O. Smorodinov (osmorodinov@nifi.ru),
Financial Research Institute (NIFI), 3, bld.2, Nastas’inskii Per., Moscow, 127006, Russian Federation
Abstract. The article focuses on key characteristic features of spending reviews in the OECD countries and formation of institutional environment allowing for introduction of such reviews in the Russian Federation. Spending reviews have been applied as an element of project and program appraisal and evaluation in several OECD countries since 1980-s. Their limited nature at that time could be proved by the fact that they were mainly used only when governments faced severe budget deficits. After the global financial crisis (2007–2008) the situation has drastically changed: spending reviews evolved into an independent instrument of public finance management. The new approach assumes application of spending reviews both for identification of inefficient budget/ program expenditures and reallocation of freed financial resources in line with medium-term policy priorities. In the recent years, a set of principles has been developed and implemented in several OECD countries thus creating enabling environment for the further expansion of spending reviews in countries with different level of economic development and structure of budget systems. Based on the examination of spending reviews’ record in OECD countries, the authors discusses pre-requisites to be put in place in order to launch spending reviews in Russia, including changes in the legal base and integration of spending reviews in the budget preparation process. Changes in several resolutions of the RF Government and orders of the RF Ministry of Finance are required. The role of the RF Ministry of Finance in organization and overall management of the process of spending reviews’ planning and preparation should increase. Also, one of the Commissions in the RF Government should assume responsibilities to conduct oversight and approve general directions of spending reviews, since political support is critical for the final success in implementation of this financial instrument in Russia.
Keywords: public finance management, strategic expenditure reviews, budget preparation, comprehensive and selective expenditure reviews, baseline budget expenditures
REFERENCES
1. Vandierendonck C. Public Spending Reviews: design, conduct, implementation. European Commission. Economic Papers, no. 525, July 2014. Available at: http://ec.europa.eu/economy_finance/publications/economic_paper/2014/pdf/ecp525_en.pdf (accessed 26.05.2018).
2. Robinson M. 3-rd Annual Meeting of OECD Senior Budget Officials. Spending review. 28.05.2013. Available at: http://www.oecd.org/officialdocuments/publicdisplaydocumentpdf/?cote=GOV/PGC/SBO(2013)6&doclanguage=en (accessed 18.06.2018).
3. Robinson M. Spending Reviews. OECD Journal on Budgeting, 2014, vol. 13, no. 2. DOI:10.1787/budget-v13-2-en.
4. Lau E. Proposal for Analysis of Spending Reviews. 7th Annual meeting of SBO Network on Performance & Results, OECD, 2011. Available at: http://www.oecd.org/gov/budgeting/49041813.pdf (accessed 13.06.2018).
5. Schick A. The Metamorphoses of Performance Budgeting. Working Party of Senior Budget Officials, OECD, 2013. DOI:org/10.1787/budget-13-5jz2jw9szgs8
6. Schick A. Lessons from the Crisis. OECD Journal on Budgeting, 2012, vol. 12, no. 3. DOI:10.1787/budget-12-5k47tb29wn6h
7. Marcel M. Budgeting for Fiscal Space and Government Performance beyond the Great Recession (Draft). OECD, 2012. Available at: http://www.oecd.org/eco/public-finance/Budgetingforfiscalspace.pdf (accessed 13.06.2018).
8. Hawkesworth I., Klepsvik K. Budgeting Levers, Strategic Agility and the Use of Performance Budgeting in 2011/2012. OECD Journal on Budgeting, 2013, vol. 13, no. 1 DOI:10.1787/budget-13-5k3ttg15bs31.
9. Glossary. 2016 OECD Performance Budgeting Survey. Available at: http://www.oecd.org/gov/budgeting/2016-Performance-Budgeting-Survey-Glossary.pdf (accessed 13.06.2018).
10. Typology and Implementation of Spending Reviews. Discussion Paper. OECD Senior Budget Officials Network on Performance and Results. 7th Annual Meeting. 2011. Available at: http://www.oecd.org/officialdocuments/publicdisplaydocumentpdf/?cote=GOV/PGC/SBO(2011)9&doclanguage=en (accessed 13.06.2018).
11. Government at a Glance 2017, OECD (2017). DOI: 10.1787/gov_glance-2017-en.
12. Value for Money in Government: The Netherlands 2010. OECD, 2011. DOI:10.1787/9789264096097-en
13. The Green Book. Central Government Guidance and Evaluation. London, HM Treasury, 2018. Available at: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/685903/The_Green_Book.pdf (accessed 18.06.2018).
14. The Magenta Book. Guidance for Evaluation. London, HM Treasury, 2011. Available at: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/220542/magenta_book_combined.pdf (accessed 18.06.2018).
15. The Orange Book. Management of Risk – Principles and Concepts. London, HM Treasury, 2004. Available at: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/220647/orange_book.pdf (accessed 18.06.2018).
16. Circular 13/13. The Public Spending Code: Expenditure Planning, Appraisal & Evaluation in the Irish Public Service – Standard Rules & Procedures. 2013. Available at: http://publicspendingcode.per.gov.ie/wp-content/uploads/2013/09/Circular-13-13.pdf (accessed 13.06.2018).
17. Comprehensive Expenditure Report 2015–2017. Available at: http://www.budget.gov.ie/Budgets/2015/Documents/Comprehensive%20Expenditure%20Report%202015%20-%202017.pdf (accessed 13.06.2018).
18. Comprehensive Expenditure Report 2012–2014. Available at: http://www.budget.gov.ie/Budgets/2012/Documents/CER%20-%20Estimates%20Final.pdf (accessed 18.06.2018).
19. Spending Review 2015. Report by the Comptroller and Auditor General. London, National Audit Office, 2016. Available at: https://www.nao.org.uk/wp-content/uploads/2016/07/Spending-Review-2015.pdf (accessed 18.06.2018).
20. The Chancellor Launches the Spending Challenge. Press Release. 09.07.2010. Available at: https://www.gov.uk/government/news/the-chancellor-launches-the-spending-challenge (accessed 18.06.2018).
21. On the measures to increase effectiveness of budgetary spending: resolution of the Government of the Russian Federation of May 22, 2004 no. 249 (In Russ.) Available at: http://pravo.gov.ru/proxy/ips/?doc_itself=&nd=102086929&page=1&rdk=3#I0 (accessed 23.07.2018).
22. On the approval of the regulation for development, approval and implementation of departmental special-purpose programs. Resolution of the Government of the Russian Federation of April 19, 2005, no. 239 (In Russ.) Available at: http://pravo.gov.ru/proxy/ips/?docbody=&nd=102092020 (accessed 23.07.2018).
23. On the approval of the regulation for development of the Synthesis report on results and principal directions of activity of the Government of the Russian Federation in 2006–2008. Resolution of the Government of the Russian Federation of April 27, 2005, no. 259 (In Russ.) Available at: http://pravo.gov.ru/proxy/ips/?docbody=&nd=102088475&rdk=10 (accessed 23.07.2018).
24. The final report on the results of activity of expert groups on efficiency evaluation of federal budget spending and development of proposals for its optimization, Moscow, HSE, RANEPA, 2013 (In Russ.) Available at: https://www.minfin.ru/ru/document/?id_4=19933 (accessed 19.06.2018).
25. On the national goals and strategic objectives of the development of the Russian Federation for the period until 2024. Decree of the President of the Russian Federation of May 7, 2018 no. 204 (In Russ.) Available at: http://kremlin.ru/acts/bank/43027 (accessed 23.07.2018).
Registered in System SCIENCE INDEX
No comments