Is Economic Planning Our Future?

Jacques Sapir ()
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Jacques Sapir: Higher School of Social Sciences and Centre for Industrial Models

Studies on Russian Economic Development, 2022, vol. 33, issue 6, 583-597

Abstract: Abstract The article is devoted to the topic of economic planning at the state level. The historical excursus shows the origins of the planned economy elements on the example of three countries: Japan, India and France, as well as the evolution of its planned policy in the 20th century. The article provides a rationale for the relevance of planning, including as a tool to overcome market failures. The ESG agenda, in particular the issue of reducing the negative anthropological impact on the environment, is seen as one of the drivers for strengthening the role of planning.

Keywords: public policy; economic development; planned economy; market failures; energy transfer; decarbonization; economic planning; indicative planning (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1134/S1075700722060120

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