On administrative regulation of market economy

Abstract

The subject of this research is the historical approaches towards administrative regulation of socioeconomic development of Russia throughout the XX and early XXI centuries. The article is dedicated to studying the administrative-legal mechanism of strategic planning. The key research methods are historical-chronological and dialectical. Analysis is conducted on the approaches towards administrative regulation of the development of Russian economy in the context of historical and dialectical development. The author examines the principal legislative acts that determine the state policy aimed at the development of economic system and achievement of the goals of socioeconomic development of the country and society. The obtained results indicate that the degree of government intervention in the economy varies. The author underlines that the intervention is justified and essential at the time of recession. A comprehensive strategic planning mechanism is currently being formed in Russia to ensure socioeconomic development; however, this institution requires some improvements. The author outlines future vectors of research of this mechanism for advancing its efficiency. For this purpose, it is offered to determine its elements, means of their interaction and form the system of principles for the development of state economic policy and its implementation.