Economic Role of State Planning System in Stimulating Labour Productivity in J. K. Galbraith Economics

The author investigates theoretical sources of state policy in the field of planning proposed within the frames of institutional trend by using works by J. K. Galbraith as an example. Theoretical research on arising of the phenomenon of technostructure as economically important factor was conducted. The mutual interrelation between technostructure and state planning system was identified and empirically confirmed. Functions of the state planning system in scientific-technical and investment policy were analyzed as important in aspects of stimulating labour productivity. The article studies practical experience of functioning of systems of macro-economic planning. The acute nature of the thesis about the necessity of economic convergence in today’s conditions was confirmed.