Published: 15 June 2016
Purpose. The purpose of this paper is to identify problems and form recommendations on municipal debt management based on the foresight-research. Methods. Such methods as graphical analysis, visualization of qualitative analytical data, modeling and expert estimates are the methodological core of the article. Results. On the basis of the conducted research the author has predicted three stages of development of a municipal debt indicator. Therefore, in accordance with the short-term period (2016) level of municipal debts across the country will grow rapidly, in socio-economic development of the territories of the municipalities there is a noticeable downturn. In the medium term, the situation of uncertainty in the scope of municipal debts persists. Extension of municipal debt continues for a period of 20-30 years, due to a lack of funds local self-government bodies request assistance from the Ministry of Finance of the Russian Federation, a reduction in social spending and an increase in the borrowing limit are carried out. In this case, Prosecutor's Office of the Russian Federation has started solving problems in the field of non-effective management of municipal. Long-term perspective differs very little from the medium-term. Continued accumulation of problems in this area leads to a critical situation. Prepared recommendations on the management of municipal debt are associated with the development of the municipal debt management techniques, the introduction of administrative responsibility of the regulatory authority of a municipal entity (local administration), the transfer of a part of the VAT to the municipal level, training of a municipal debt management team, implementation of foresight tools and simulation modelling of the situation with municipal debt, adaptation of the best foreign experience on municipal debt management. Scientific novelty. The novelty of the research consists in the following. 1. Use of the views of lay experts in foresight research as a basis to study views of citizens concerning economic development of a municipal entity; 2. Implementation of this forecasting method for generating recommendations on the municipal debt management; 3. Modeling mapping the situation of municipal debt management as a result of the study.
