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On Unified Socio-Economic Policy and Strategic Planning

Author

Listed:
  • Tikhomirov, Boris I.

    (Institute of Economy, RAS)

  • Frenkel, Alexander A.

    (Institute of Economy, RAS)

Abstract

The article deals with problems constraining economic and social development and suggests a number of approaches to their solution. It suggests an estimation of the state of governance and the necessity of transition to the system of strategic planning. A new system of governance should consist of such elements as development and legislative approval of a unified long term socio-economic policy, mechanisms of diversification of the economy, demand for innovations, creation of a competitive environment, and other factors of economic growth and social progress. The article marks the necessity of developing a strategic forecast of the Russian Federation, which will be in accordance with the law on strategic planning and could provide an optimal scenario of overcoming risks and threats while taking into account problems of the national security. The most important issues of the development of the unified socioeconomic policy are also touched upon. The authors substantiate a suggestion that in order to ensure the implementation of the law on strategic planning based on the unified socio-economic policy and the updated Strategy of the National Security of the Russian Federation, conceptual provisions and regulatory documents on issues of strategic planning should be clarified. They also suggest developing a long term national program of economic restructuring and social progress. They recommend that documents on the management of short-term socio-economic development, and primarily on short-term (annual) forecasts and budgets, should be included in the law on strategic planning. The article substantiates ways of overcoming artificially created difficulties in the implementation of the principle of continuity of the public administration. It is proposed to ensure active participation of scientific and public organizations in creating and functioning of a new system of public administration. The article stresses the necessity of developing effective tools based on modern scientific achievements in the field of preparation and realization of optimal scenarios of socioeconomic development, which would provide a basis for a system of interconnected strategic planning documents. The authors suggest that a Federal state power body on the matters of strategic development should be created under the President of the Russian Federation.

Suggested Citation

  • Tikhomirov, Boris I. & Frenkel, Alexander A., 2017. "On Unified Socio-Economic Policy and Strategic Planning," Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 4, pages 82-117, August.
  • Handle: RePEc:rnp:ecopol:ep1744
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    More about this item

    Keywords

    strategic planning; socio-economic policy; forecast; best-case scenario; import substitution; innovations.;

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications

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