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

  • ECONOMIC POLICY
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Studies on Russian Economic Development Aims and scope

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.

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Notes

  1. Foresight is defined as “a systematic, participatory process of gathering information about the future and develo** medium- and long-term visions aimed at supporting current decision-making and mobilizing joint action” [5, p. 12].

  2. https://www5.cao.go.jp/keizai-shimon/index_en.html.

  3. Keidanren Annual Report, 2023.

  4. Japan 2025. Envisioning A. Vibrant, Attractive Nation in the Twenty-First Century. Nippon Keidanren, 2003. https://www.keidanren.or.jp/english/policy/vision2025.pdf.

  5. As stated in Keidanren Annual Report 2023: “We proposed to create a new form of capitalism…by realizing Society 5.0.”

  6. https://japan.kantei.go.jp/ongoingtopics/_00001.html.

  7. Keidanren Annual Report 2021.

  8. Keidanren Annual Report 2022.

  9. Keidanren Annual Report 2023.

  10. Federal Law of June 28, 2014 N 172-FZ On Strategic Planning in the Russian Federation; Fundamentals of State Policy in the Field of Strategic Planning in the Russian Federation (Approved. Decree of the President of the Russian Federation dated November 8, 2021 No. 633).

  11. Order of the Government of the Russian Federation dated March 29, 2023 No. 749-r On Introducing Amendments to the Order of the Government of the Russian Federation dated April 4, 2020 No. 886-r. https://npalib.ru/2023/03/29/rasporyazhenie-749-r-id411828/?ysclid=lqgo8eo390756962894.

  12. RUIE. Report on the state of the business climate in Russia. March 2023.

  13. Alexander Auzan: Business expects guarantees of property rights from the social contract. Russian Business Newspaper. Business and government: No. 27 (809). https://rg.ru/2011/08/09/business.html.

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  1. Central Economics and Mathematics Institute, Russian Academy of Sciences, Moscow, Russia

    V. E. Dementiev

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Dementiev, V.E. Cooperation Between the State and Business in Forecasting and Planning Structural Changes in the Economy. Stud. Russ. Econ. Dev. 35, 328–336 (2024). https://doi.org/10.1134/S1075700724030043

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