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Article

Парламент и эффективное распределение бюджетных средств

The paper provides an in-depth analysis of a parliamentary procedure of making decisions concerning the budget funds distribution. The author was the first who gave legal interpretation of the classical economic Ar-row’s impossibility theory. Applying these ideas to analyze budget distribution procedure, the author proves that the Parliament cannot make effective decisions concerning the distribution of budget funds. Thus, the exclusive power of the Parliament to approve the budget is brought into question.