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Regional Economics: Theory and Practice
 

Features of realization of supervisory powers of the State in modern conditions

Vol. 13, Iss. 44, NOVEMBER 2015

PDF  Article PDF Version

Received: 27 January 2015

Accepted: 17 February 2015

Available online: 17 November 2015

Subject Heading: REGIONAL STRATEGIC PLANNING

JEL Classification: 

Pages: 55-64

Fedotova G.V. Volgograd State Technical University, Volgograd, Russian Federation
g_evgeeva@mail.ru

Importance The article considers the issues of restructuring the existing system of governance, including the implementation of supervisory powers over ongoing processes.
     Objectives The paper aims to highlight the features and specifics of the supervisory powers of the State in the system of formation, management and harmonization of target indicators of socio-economic development, to assess aggregate macroeconomic indicators of development, organize and categorize them, and to calculate coherence assessment and offer an integrated indicator of strategic planning level.
     Methods I used a comparative analysis, vertical and horizontal types of analysis, as well as the methods of systematizing, classification, hierarchy and the arithmetic mean.
     Results I completed a comprehensive review of the strategic planning and management system of socio-economic processes of the national economy's development at all levels of State and municipal authorities. I analyzed the coherence of development strategies at the levels of federal and regional authorities. All macroeconomic development indicators are systematized and coordinated, taking into account the priority. I have developed an integrated indicator of the level of strategic planning as a new control tool that allows comparing the dynamics of development of individual regions in the process of further strategic management. In addition, I prove that the difference of the strategic objectives of each planning level defines a set of development targets and prioritizes them. Some macroeconomic indicators are so versatile that it is impossible to disregard them almost at any level of government.
     Conclusions I conclude that new approaches to the management of the national economy require the revision of many standards and tools for planning, forecasting and monitoring.

Keywords: State control, indicators, macroeconomic development, strategic planning

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