Formation of a Basic Target Plan as a Foundation of Goal-Setting in Strategic Planning for Regional Socio-Economic Development

Abstract

The beginning of a new stage in the development of regional strategic planning in the Russian Federation has actualised the issues connected with scientific and methodological support for elaboration of strategies for long-term regional socio-economic development, in particular those related to regional goal-setting. This study attempts at substantiating a new approach to formation of the basic target plan for socio-economic development of a region. This plan is intended to act as an “incompressible core” of goal-setting , common to all regional strategies. The proposed plan is based on the concept of well-being as interpreted by the statistical commission of the Organisation for Economic Cooperation and Development (OECD) and Stiglitz-Sen-Fitoussi's commission. The plan contains a hierarchically ordered set of generally valid goals and target indicators describing the desirable level of well-being and potential for its reproduction. The proposed basic target plan can be used by the subjects of the Russian Federation in the process of elaboration of their strategies for socio-economic development.

DOI: 10.5901/mjss.2015.v6n6s3p478