The paper analyzes the concept and indicator of vertical fiscal imbalance (VFI) and its capability in assessing the creditworthiness (debt sustainability) of Russian regions. It is found that VFI does not replace other indicators of debt and broader fiscal sustainability. but complements them by providing diagnostics of the balance of incoming and outgoing intergovernmental transfers ... https://countryscenesaddleryandpetsuppliers.shop/product-category/leather-headstall/
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