Limitations of the developed methodology of integrated forecasting and justification of its application in other sectors of the economy

  • Daniil Y. Zhmurko Krasnodar University of the Ministry of Internal Affairs of the Russian Federation
Keywords: constraints, predictive background, areas of application of methodology, forecasting tools, institutional and general scientific constraints

Abstract

Purpose: the article describes a number of limitations and difficulties that research-ers engaged in this scientific field will have to overcome. It is logically justified to expand the scope of its application in other sectors of the economy. Discussion: the range of current problems and limitations that will need to be solved by breaking them down into specific areas is outlined. The article describes the basic limitations of modern Russian forecasting – not removing these contradictions leads to distortion of the developed forecasts and plans, thereby exposing the real sectors of the economy to risk in practice. The reasons for this situation are a number of meth-odological problems, the logic of which in the article is based on the allocation of in-dividual components of the methodology of forecasting and planning activities. The application of this methodology allows us to formulate guidelines for solving the identified constraints. Results: the author describes the ways to remove restrictions in forecasting and pre- sents the ways to develop integrated forecasting in other sectors of the national econ-omy of Russia. The results of the study are presented in the form of recommendations for removing these restrictions (problem areas). The methodology of complex fore-casting, based on the method of scientific induction, should remain adequate and ef-fective in other subject areas, provided that all the conditions listed in the article are met.

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Published
2021-03-30
How to Cite
Zhmurko, D. Y. (2021). Limitations of the developed methodology of integrated forecasting and justification of its application in other sectors of the economy. Modern Economics: Problems and Solutions, 3, 8-18. https://doi.org/10.17308/meps.2021.3/2554
Section
Mathematical Methods in Economics