It is advisable for each country to have a sound and realistic economic and social development strategy. At this moment in history, Russia is going through more than one crisis, some of them imposed by the global economic situation and some obviously self-made. So, for this ailing society, a sound strategy is something truly indispensable.

It seems that for contemporary Russia, the list of strategic goals could contain the following main points: actively shore up the weakened economy; secure structural changes toward economic diversification; enhance the well-being of the people; improve investment climate; secure accelerated economic development in the Siberian and Far Eastern regions; stimulate innovations; and promote science and education. These vital elements sum up what could constitute the nation's social and economic development.

In July, members of the government's expert council gathered in Moscow to discuss the country's medium-term economic prospects. At this meeting, Russian Prime Minister Dmitri Medvedev commissioned Mikhail Abyzov, a high-ranking administrator and billionaire with a questionable reputation, to establish a working group that will prepare a new strategy for social and economic development to 2030.