The article considers the Strategy of State Cultural Policy 2030 and the way it complies with the principles established by Federal Law No. 172-FZ On the State Strategic Planning (June 28, 2014). The principles include transparency, realism, resource availability, measurability of goals, multichannel financing, etc. The research featured the quality of strategic management in the sphere of culture in the context of the abovementioned Strategy. The research was based on the institutional approach and assessed the availability of monitoring tools for its implementation. The study revealed some shortcomings in the content of the Strategy of State Cultural Policy 2030. For instance, the strategic management is only at the second stage in the evolution of approaches to the development and implementation of strategies, i.e., strategic planning. The third and fourth stages of evolution are to adjust the strategic capabilities of the public administration system to the real-time management, and they still remain a matter for the distant future. The elements of multichannel financing of culture include a system of tax preferences, marked taxes, sponsorship and patronage, the institution of budget allocations, endowment funds, etc. However, these measures have certain limitations and contradict the current norms of budgetary and tax legislation. The state remains the main sponsor of culture, despite the expansion of the list of state cultural policy subjects and the roles of the state, e.g., the state as an investor, a philanthropist, a co-investor, etc. As a result, new development challenges may lead to underfunding. The financial mechanism for strategy implementation presupposes no transparent bond between the strategy and budgetary spending.
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