Role of Planning in Modernization Development: Evidence of the Republic of Korea
In: Moscow University Economics Bulletin, Heft 1, S. 197-214
Active application of modern digital technologies is impossible without creating high technological basis for Russia's economy, capable of effective implementation of such technologies. These processes assume the implementation of radical structural and technological modernization conversions applying different planning methods within the framework of state industrial policy. The most expressed forms of planning have been used by developed and «catching-up» economies primarily during radical modernization reforms. In this context, appealing to overseas planning experience seems to be of great interest. On the basis of foreign experts' estimates, the author analyses the main directions in planning during the period of accelerated industrial-technological transformation in South Korea in the context of its possible use in Russia's technological modernization. The experience of planning in South Korea is of special interest because it demonstrates the transformation in planning functions and methods according to the changes in socio-economic situation in the country and modernization goals set by the Government at different stages of development.