Development of Public Finances in the Soviet and Post-Soviet Period (to the 90th Anniversary of BSU)

The article discusses the creation and development of the federal state budgetary educational institution of higher education «Baikal State University» as the successor of the Siberian Financial and Economic Institute, formed on the basis of the financial department of the Faculty of Economics of Irkutsk State University and a resolution of the Council of People's Commissars of the USSR of August 11, 1930 No. 305 and the order of the People's Commissariat of Finance of the USSR, since it came under the jurisdiction of the People's Commissariat of Finance of the USSR. The article outlines the timeline of the formation of its structural divisions (faculties and departments), the formation of the scientific school of financial research in the regions of Siberia, and in the Irkutsk region, including, in the light of the transformation of the geopolitical conditions of the socio-economic development of Russia and in connection with the need to train financial specialists and economists. We characterized the main stages of the development of scientific research at the university including scientific topics in the field of financial research, the formation of the research school and opening of candidate and doctoral dissertation councils. The article provides a comparative analysis of the economic indicators of the leading countries of the world and discusses a special role money and finance play in their economic development. The authors put forward recommendations for enhancing scientific research by the BSU faculty and strengthening the role of the state in regulating the real sector of the economy and investment processes.