IDEAS home Printed from https://ideas.repec.org/a/spr/sorede/v35y2024i3d10.1134_s1075700724030043.html
   My bibliography  Save this article

Cooperation Between the State and Business in Forecasting and Planning Structural Changes in the Economy

Author

Listed:
  • V. E. Dementiev

    (Central Economics and Mathematics Institute, Russian Academy of Sciences)

Abstract

Cooperation between the state and business in forming a joint vision of the future is considered in the article as a process that allows us to go beyond solving forecast problems. In fact, even before the development of an indicative plan based on the forecast, the prerequisites are created for coordinated actions to implement it. This is especially important when structural changes in the economy and society need to be carried out in conditions of severe restrictions. The article draws attention to both the advantages and risks of the cooperation under consideration. The Japanese experience of indicative planning during the period of forced restructuring of the economic structure is presented. The degree of business involvement in the planning process can be judged by the composition of the official advisory bodies, where the long-term vision of the Japanese economy was largely developed. In connection with the analysis of the composition of Russian advisory bodies, it was proposed to create a Council in which, along with key ministries and the Bank of Russia, science and business would be represented. Such a Council is intended to ensure coordination of industrial and monetary policies and accelerate structural changes in the Russian economy.

Suggested Citation

  • V. E. Dementiev, 2024. "Cooperation Between the State and Business in Forecasting and Planning Structural Changes in the Economy," Studies on Russian Economic Development, Springer, vol. 35(3), pages 328-336, June.
  • Handle: RePEc:spr:sorede:v:35:y:2024:i:3:d:10.1134_s1075700724030043
    DOI: 10.1134/S1075700724030043
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1134/S1075700724030043
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1134/S1075700724030043?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sorede:v:35:y:2024:i:3:d:10.1134_s1075700724030043. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.