A strategic forecasting framework for governmental decision-making and planning
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An important stage in the policy-making process involves deciding on the strategy to be adopted for implementation, so that the objectives of the policy are met in the best possible way. A Policy Implementation Strategy (PIS) adopts a broad view of implementation, which is argued to transcend formulation and decision-making, thereby offering a more realistic view of the policy process. Governmental decision-makers are often faced with having to choose one PIS from among several possible alternatives, at varying cost levels. In order to aid such a decision-making process, PIS effectiveness forecasts are proposed as a strategic decision-support tool. The methods currently available for such a purpose are found to include resource-intensive evaluative techniques such as Impact Assessment and Cost-Benefit Analysis. In this study, a Structured Analogies forecasting approach is proposed, and the empirical evidence suggests that it could be seen as a strategic tool in the hands of governmental officers.
Original language | English |
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Pages (from-to) | 311-321 |
Journal | International Journal of Forecasting |
Volume | 29 |
Issue number | 2 |
DOIs | |
Publication status | Published - 1 Apr 2013 |