Planning Dependability (Planungssicherheit)

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This question has been put to me recently:

Can we plan the fate of an economy and ensure the plan will be dependable?

My answer: no, we cannot.

But there are judicious choices that are likely to facilitate the desired broad success. I offer examples of this in these posts on 

• the superiority of managed trade over free trade — see Free Trade (9) — Shortcomings (II) — Long-Term Development Prospects — and, 

• the wisdom to balance the economy rather than the budget — EU (2) — Balance the Economy, Not the Budget.

To the extent that dependable planning (Planungssicherheit) may be approximated by policies that facilitate the success of an economy within broad corridors,  Planungssicherheit is severely counteracted by policy bundles like the Energiewende and the Euro-based monetary union in Europe, the former messing up the reliability and efficiency of energy production by unwisely giving precedence to intermittent energy sources (wind and solar), the latter aggravating economic downturns by imposing procyclical behaviour upon member state governments (more on this here).

I hope this helps.