Distributed management in macroeconomics: The cumulative effect

Classical macroeconomic management is based on the goals-and-tools principle, which implies setting development goals and selecting tools to influence the economy. Economic agents adapt to them, which results in policy tools fluctuating in their power and policy goals losing their responsiveness. This occurs not only due to repetitive actions (accumulation), but also to inherent irresponsiveness of specific goals and economic objects to influences. The study revolves around macroeconomic policy decisions based on the goals-and-tools principle and the doctrine of distributed management. The article demonstrates the cumulative effect of administrative actions on the economy and of the inclusion of both this effect and the named doc trine in the analysis and process of macroeconomic decision-making. Methodologically, the work rests on the theory of con trol of large-scale systems and the author’s principle of distributed management. The study draws upon statistical data of the RF Federal State Statistics Service for 2000–2023 and uses model and statistical analyses. The content of distributed manage ment comes down to the fact that government policy tools have a distributed impact on goals, elements of the economic struc ture and development factors with a varying degree of influence. We describe the cumulative effect of administrative actions on the economy that shows changes in the goal’s sensitivity to the tools. We distinguish between three types of cumulative effect (positive, negative, and neutral) and substantiate its use in macroeconomic decision-making. An assessment of the impact of in f lation targeting within the Fisherian and Schumpeterian growth scenarios confirmed the inappropriateness of a rigid targeting policy for the Schumpeterian model. This allowed proposing a general approach to eliminating the negative cumulative effect in policymaking.