Budgetary risks: introduction in the general axiomatics

TERRA ECONOMICUS, , Vol. 11 (no. 3.1),
p. 52-61

At budget planning and performance stages in modern budgetary process the «budgetary risk» concept, in fact, is not used. In the article four main features of this risk are considered. Application of traditional classical methods of measurement and analysis of risk in the budgetary area is extremely difficult. On the basis of publications (not numerous) of domestic and foreign authors, two approaches to measurement of the budgetary risks are defined. Regions of keen interest in this perspective are defined. Author's classification of variants and types of the budgetary risks is given in article. Risks of environment, risks of the budgetary system and risks of a case are considered. Budget performance has to depend on level of integrated budgetary risk which will be defined on stages of preparation of the draft of the budget as standard size.

Keywords: budgetary risk; forecasting of the budgetary proportions

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Publisher: Southern Federal University
Founder: Southern Federal University
ISSN: 2073-6606