The Role of Inter-Budget Transfers in Ensuring the Economic Growth of High-Subsidised Regions

The issues of ensuring the budget sustainability of Russian regions have not lost their relevance in recent years. A special place in this area of research is occupied by the phenomenon of subsidisation of regional budgets, as the most acute problem in current budget policy, which is a consequence of low budget security and insufficient balance of the budget system. In this regard, this article is devoted to the study of the role of inter-budget transfers provided to regions with a high share of subsidised dependence in ensuring their economic growth. The main scientific tools of the study are comparative analysis, dynamic series, structural analysis, correlation and regression analysis. The main key features of the development of high-subsidised regions, explaining the trends of their economic growth, are revealed. The degree of connection between the flows of inter-budget transfers and the economic growth rates of high-subsidised regions of Russia is determined.