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«Public Administration Issues» Journal,

Post. address:
National Research University
Higher School of Economics
20 Myasnitskaya Str., Moscow 101000, Russian Federation
Location address:
of. 307, 4/2, Slavyanskaya sq., Moscow 109074, Russian Federation

Tel./fax: 7 (495) 772-95-90, ext. 12631

E-mail: vgmu@hse.ru 

 

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Research and educational journal
Published quarterly since 2007
ISSN 1999-5431
E-ISSN 2409-5095

Yury Danilov1
  • 1 Ph.D. (in Economics), Leading researcher, Institute of applied economic research, Russian Presidential Academy of National Economy and Public Administration (RANEPA), 82 Vernadskogo Av., 119571 Moscow, Russia.

THE PROBLEM OF LINKING FINANCIAL DEVELOPMENT STRATEGIES WITH THE GOALS OF SOCIO-ECONOMIC DEVELOPMENT: THE ASPECT OF TARGET INDICATORS

2022. No. 4. P. 127–153 [issue contents]
The study is devoted to the problem of linking financial development strategies with socio-economic development strategies in terms of matching the target indicators of such strategies related to different levels of the hierarchy of strategic planning documents. The isolation of financial development from the goals and priorities of socio-economic development in Russia begins with strategic planning. This is most clearly manifested in the discrepancy between target indicators of these two levels of strategic planning. The article presents 4 options for a complex of financial development indicators linked to the goals and objectives at the upper level of strategic planning. Their development was based on the analysis of the impact of individual parameters of financial development on the parameters of socio-economic development and global competition of the national financial sector; individual areas of financial development on financial development in general, as well as on isolating the role of financial regulators in raising the level of financial development of the country. These indicators were suggested while providing expert support for the development of various financial development strategies, but their use as a whole, as a complex of indicators, was hindered by departmental interests. In the process of interdepartmental discussions, a complex of target indicators subject to a single logic was replaced by unrelated, easily achievable indicators, or fundamentally unmeasurable indicators. The main contribution of this article is drafting of a complex of target indicators for financial development, as well as making conclusions from the experience of their practical application / non-application.




Citation: Danilov, Yu. A. (2022) ‘The problem of linking financial development strategies with the goals of socio-economic development: The aspect of target indicators’, Public Administration Issues, 4,  pp. 127–153. (In Russian). DOI: 10.17323/1999-5431-2022-0-4-127-153
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ISSN 1999-5431
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