The System of Territorial Regulation
AbstractThe seven years of economic reforms in Russia have confirmed the correctness of those economists who have been defending the strategy of >i>state regulation of the market.>/i> 'The latter has essentially continued to be implemented to a certain extent: one thing is "supported" in innumerable regulatory acts, something else is "consented to," something else "approved," state forecasts and programs are elaborated, and so forth. This administrative "orchestrating" of the economy is nothing more than a timid attempt at planning, albeit indicative, and neither consistent nor comprehensive at that. But it has proved to be totally insufficient to eliminate or lessen the ruinous consequences of the mistakes that have been made. The necessity of a decisive transition from the scattered and solitary influences of the state on the arbitrary market to the regulation of entire functional spheres (economic, social, regional, sector, etc.) and the whole macrosystem of the national economy on the basis of unified balance sheet planning (or comprehensive programs) can be distinctly seen.
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Bibliographic InfoArticle provided by M.E. Sharpe, Inc. in its journal Problems of Economic Transition.
Volume (Year): 42 (1999)
Issue (Month): 7 (November)
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Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=106047
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