Keyword: «management of a public debt»

The article presents an assessment of structure and dynamics of the public debt of Republic of Karelia for the period of 2007-2017. The correlation and regression analysis of interrelations of indicators of a public debt of the Republic of Karelia with growth rates of VRP per capita, is carried out by tax and non-tax income, budget expenses including social costs. The analysis of coefficients of correlation between separate parameters and indicators of structure of a public debt of the Republic of Karelia is presented in article. As a result of the conducted research authors conclude that, firstly, the public debt during the researched period did not exert considerable impact on VRP of Karelia. Secondly, the analysis of interrelation of a public debt, income and expenses of the consolidated budget of the republic showed that growth of tax and non-tax income exerts smaller impact on decrease in a public debt, and growth of expenses, including social costs most likely leads to growth of debt of the territorial subject of the Russian Federation.