FEDERAL SPENDING PLANNING IN GERMANY: MAIN STRUCTURAL CHANGES
The article examines changes in the structure of the expenditure part of the German federal budget. Data on the execution of annual budgets in 2017–2021 and of a five-year financial plan for 2022–2026 are analysed. Comparison of structures is carried out according to a cross-classification that com...
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| Format: | Article |
| Language: | Russian |
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Institute of Europe Russian Academy of Sciences
2023-01-01
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| Series: | Научно-аналитический вестник Института Европы РАН |
| Subjects: | |
| Online Access: | http://vestnikieran.instituteofeurope.ru/images/1-2023/Gracheva12023.pdf |
| _version_ | 1797665812737163264 |
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| author | Maria V. Gracheva |
| author_facet | Maria V. Gracheva |
| author_sort | Maria V. Gracheva |
| collection | DOAJ |
| description | The article examines changes in the structure of the expenditure part of the German federal budget. Data on the execution of annual budgets in 2017–2021 and of a five-year financial
plan for 2022–2026 are analysed. Comparison of structures is carried out according to a cross-classification that combines a functional classification (divided into ten sections in accordance with the
classification of the International Monetary Fund) and an economic classification (divided into two
sections – current and capital expenditures). The author identifies the areas with a key role in the
spending hierarchy, highlights the main factors of the expected dynamics in the next five years, and
also considers the features of three periods (2017–2019, 2020–2021 and 2022–2026) in terms of
speed and contradictoriness of the structural changes that have taken place and are planned. Based
on the analysis, the article concludes that there have been significant and rapid structural changes
that have taken place during the pandemic, and that the most important «pre-Covid» indicators
(primarily an increase in the share of current expenses on social protection) are planned to be restored. This restoration, however, may be hindered by the implementation of a large-scale «protective umbrella for the economy» – a set of measures developed, but not yet included in the financial
plan, to support the German industry, which suffered from a jump in gas prices. |
| first_indexed | 2024-03-11T19:49:28Z |
| format | Article |
| id | doaj.art-76a70f9cb7694a8285a3f8a879c19f13 |
| institution | Directory Open Access Journal |
| issn | 2618-7914 |
| language | Russian |
| last_indexed | 2024-03-11T19:49:28Z |
| publishDate | 2023-01-01 |
| publisher | Institute of Europe Russian Academy of Sciences |
| record_format | Article |
| series | Научно-аналитический вестник Института Европы РАН |
| spelling | doaj.art-76a70f9cb7694a8285a3f8a879c19f132023-10-05T13:15:18ZrusInstitute of Europe Russian Academy of SciencesНаучно-аналитический вестник Института Европы РАН2618-79142023-01-01№ 131148157http://dx.doi.org/10.15211/vestnikieran12023148157FEDERAL SPENDING PLANNING IN GERMANY: MAIN STRUCTURAL CHANGESMaria V. Gracheva0https://orcid.org/0000-0002-6215-6559IMEMO, Moscow, RussiaThe article examines changes in the structure of the expenditure part of the German federal budget. Data on the execution of annual budgets in 2017–2021 and of a five-year financial plan for 2022–2026 are analysed. Comparison of structures is carried out according to a cross-classification that combines a functional classification (divided into ten sections in accordance with the classification of the International Monetary Fund) and an economic classification (divided into two sections – current and capital expenditures). The author identifies the areas with a key role in the spending hierarchy, highlights the main factors of the expected dynamics in the next five years, and also considers the features of three periods (2017–2019, 2020–2021 and 2022–2026) in terms of speed and contradictoriness of the structural changes that have taken place and are planned. Based on the analysis, the article concludes that there have been significant and rapid structural changes that have taken place during the pandemic, and that the most important «pre-Covid» indicators (primarily an increase in the share of current expenses on social protection) are planned to be restored. This restoration, however, may be hindered by the implementation of a large-scale «protective umbrella for the economy» – a set of measures developed, but not yet included in the financial plan, to support the German industry, which suffered from a jump in gas prices.http://vestnikieran.instituteofeurope.ru/images/1-2023/Gracheva12023.pdfgermanyfinancial planningexpenditures of the federal budgetcross classificationfunctional classificationeconomic classificationcurrent expensescapital expensesstructure of expenditures. |
| spellingShingle | Maria V. Gracheva FEDERAL SPENDING PLANNING IN GERMANY: MAIN STRUCTURAL CHANGES Научно-аналитический вестник Института Европы РАН germany financial planning expenditures of the federal budget cross classification functional classification economic classification current expenses capital expenses structure of expenditures. |
| title | FEDERAL SPENDING PLANNING IN GERMANY: MAIN STRUCTURAL CHANGES |
| title_full | FEDERAL SPENDING PLANNING IN GERMANY: MAIN STRUCTURAL CHANGES |
| title_fullStr | FEDERAL SPENDING PLANNING IN GERMANY: MAIN STRUCTURAL CHANGES |
| title_full_unstemmed | FEDERAL SPENDING PLANNING IN GERMANY: MAIN STRUCTURAL CHANGES |
| title_short | FEDERAL SPENDING PLANNING IN GERMANY: MAIN STRUCTURAL CHANGES |
| title_sort | federal spending planning in germany main structural changes |
| topic | germany financial planning expenditures of the federal budget cross classification functional classification economic classification current expenses capital expenses structure of expenditures. |
| url | http://vestnikieran.instituteofeurope.ru/images/1-2023/Gracheva12023.pdf |
| work_keys_str_mv | AT mariavgracheva federalspendingplanningingermanymainstructuralchanges |