Deformation of the Federal Center's Fiscal Policy in Relation to the Regions

The article is devoted to the problems of changing fiscal policy in modern society. The reasons for rejecting the liberal concept of fiscal policy in the modern state are to be considered. The article analyzes the main characteristics of fiscal policy in the conditions of crises at the beginning of the century, including the features of the federal center's fiscal policy in relation to public entities forming the state. The conclusion on the dependence of the economic development of Russian regions on the effective fiscal policy of the federal center is substantiated. It is shown that the deformation basis of the fiscal policy center based on the institutions of the constitutional structure of the country, which include: the status of Federation Council members, the order of differentiation of powers in subjects of joint conducting, especially the mechanism for establishing the jurisdiction of the federation. The methodological basis of the research is formed by the research principles developed within the framework of the so-called “New institutional economics” school.