RUDN Journal of EconomicsRUDN Journal of EconomicsВестник Российского университета дружбы народов. Серия: Экономика2313-23292408-8986Peoples’ Friendship University of Russia named after Patrice Lumumba (RUDN University)1890310.22363/2313-2329-2018-26-2-246-257ECONOMIC GROWTH AND SOCIO-ECONOMIC DEVELOPMENTЭКОНОМИЧЕСКИЙ РОСТ И СОЦИАЛЬНО-ЭКОНОМИЧЕСКОЕ РАЗВИТИЕResearch ArticleEXCESSIVE DEFICIT PROCEDURE IN VISEGRAD COUNTRIESПРОЦЕДУРА ЧРЕЗМЕРНОГО ДЕФИЦИТА БЮДЖЕТА В СТРАНАХ ВИШЕГРАДСКОЙ ГРУППЫKomissarovaJ NКомиссароваЖанна Николаевна

PhD, Associate Professor of the Department of World Economy, of Moscow State Institute of International Relations (University), Moscow, Russian Federation

кандидат экономических наук, доцент кафедры мировой экономики МГИМО МИД России

jeanne.25@mail.ruSergeevE AСергеевЕгор Александрович

Master in Regional Sciences, Aspirant in MGIMO, Lecturer of Department if World Economy, Moscow State Institute of International Relations (University), Moscow, Russian Federation

магистр регионоведения, аспирант, преподаватель кафедры мировой экономики МГИМО МИД России

sergeev-ea@yandex.ruMoscow State Institute of International Relations (University)Московский государственный институт международных отношений (университет) МИД России15122018262VOL 26, NO2 (2018)ТОМ 26, №2 (2018)24625718072018Copyright ©; 2018, Komissarova J.N., Sergeev E.A.Copyright ©; 2018, Комиссарова Ж.Н., Сергеев Е.А.2018Komissarova J.N., Sergeev E.A.Комиссарова Ж.Н., Сергеев Е.А.http://creativecommons.org/licenses/by/4.0https://journals.rudn.ru/economics/article/view/18903

The authors state that the fiscal policies conducted by EU member states have their limits since there are supranational rules and norms. The Excessive Deficit Procedure (EDP) seems to be a topical issue, because it binds member states with budget consolidation. The Visegrad countries exercised fiscal consolidations during 2009-2013(5). They behaved differently: Hungary had the most ambitious consolidation due to substantial problems in its fiscal system, Poland and Slovakia introduced mixed measures, and the Czech Republic cut public investments and raised indirect taxes. All in all, these consolidations could be called successful enough, because they brought the countries out of the EDP. To some extent, consolidations have changed the structure of governments’ revenues and expenditures and the level of tax burden (in Slovakia) or pension system (in Hungary). Countries managed to return to a balanced budget, prevented the risk of EU sanctions and restored confidence to their fiscal systems.

Анализ фискальной политики стран-членов ЕС затруднен в связи с наличием наднациональных норм и правил. Одним из них является процедура чрезмерного бюджетного дефицита. Ее суть состоит в фактически навязываемой странам-членам ЕС консолидации национальных бюджетов. Страны Вишеградской группы (В4), попавшие в период 2009-2013 гг. под процедуру чрезмерного бюджетного дефицита, проводили разную политику бюджетной консолидации (при наличии ряда схожих черт): Венгрия в силу более острых проблем в налоговобюджетном секторе провела более масштабную и разнообразную консолидацию, Польша и Словакия опирались на смешанные меры, а Чехия ограничилась сокращением государственных инвестиций и увеличением косвенных налогов. В результате сокращения дефицитов бюджетов во всех странах В4 процедура чрезмерного дефицита в отношении них была прекращена. Консолидация привела к изменению структуры доходных и расходных статей бюджета в странах В4, а также к изменениям уровня налоговой нагрузки (Словакия) или устройства пенсионной системы (Венгрия, Польша).

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