Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/108053 
Authors: 
Year of Publication: 
2003
Series/Report no.: 
IEHAS Discussion Papers No. MT-DP - 2003/13
Publisher: 
Hungarian Academy of Sciences, Institute of Economics, Budapest
Abstract: 
Emerging economies in the CEE/NIS region – faced with a number of similar or same challenges when trying to find their new role in the changing international settings, while still characterised by their own distinct level of socio-economic development, set of institutions, culture and norms – can benefit significantly from conducting foresight programmes. Yet, foresight should not be conducted for its own sake – just because it is becoming “fashionable” throughout the world, and currently being promoted by the EU. On the contrary, there should be a strong link between foresight, decision preparation and policy-making. In other words, foresight should be used in the context of (adequately identified) policy needs. Its focus (e.g. purely technological, technoeconomic or broad socio-economic orientation) is, therefore, largely determined by the perceived socio-economic and developmental needs. Further, its focus, broad objectives, geographical scope (level), themes, time horizon, methods and participation are closely interrelated, and thus a careful – but flexible – project design is needed to assure coherence among these constituents. It should be borne in mind, however, that foresight is only one of the available policy instruments, and definitely not a panacea.
Document Type: 
Working Paper

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