Transformation of Socio-Economic Development Priorities in the Post-Pandemic Period

Abstract

Aim. The presented study aims to substantiate methodological approaches to the transformation of the priorities of government regulation of socio-economic development during the post-crisis period in the context of the circular economy.Tasks. To achieve the set aim, the authors address the theoretical and practical problems of the transformation of socio-economic development priorities; comprehensively analyze major problems and identify indicators and criteria for assessing the effectiveness of the government regulation of management in a circular economy; provide recommendations for optimizing management decisions at all levels of regulation of economic entities in the postcrisis period.Methods. This study uses the methods of complex and historical analysis, synthesis, induction, deduction, expert assessments, information and communication technologies.Results. Transformation of the strategic management goal in a circular economy implies structural changes in the priorities of socio-economic development in the classical linear functional model of economic entities based on the introduction of a chain of reusable raw materials in a closed cycle. Business regulation in Russia faces the problems of imperfect institutions of title guarantee and legal regulations that significantly increase risks. Currently, priority directions for the transformation of e-government in a circular economy include such areas as legislative support for the operation of economic entities within a single network space, education, technological innovations, innovative design, digital infrastructure, secure storage and processing of analytic databases. The efficiency of government regulation in the post-pandemic period can be improved by developing and implementing comprehensive programs strategically aimed at creating favorable conditions for sustainable interaction between the business and the government in a circular economy.Conclusions. Transformation of the priorities of government regulation of socio-economic development in the post-pandemic period involves substantiating the scenarios and organizational forms of their implementation aimed at anti-crisis optimization of the regional development program. Under modern conditions, a priority goal for administrative bodies is to achieve balanced parameters that would enhance Russia's competitiveness in the global market of goods and services with allowance for the principles of the circular economy. Target parameters affecting regional growth and development include reduced usage and replenishment of natural resource potential; introduction of closed cycles of production, consumption, distribution, exchange; transition towards zero waste technological chains in all segments; transformation of all spheres of socio-economic development to meet global environmental standards in raw materials, components, etc.