BUSINESS INFORM №10-2017

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Section: Foreign Experience
UDC 37.014.543(430)
Duna N. G., Kukhar E. I.
The Financial Factors for the Development of Education Sphere in Germany (p. 56 - 60)
The article is aimed at determining the key financial factors in the development of current education sphere in Germany. The topicality of optimizing the financial support for this sector as the main factor in improving the quality of human potential has been substantiated. The main sources of financing for German education have been defined. The article identifies an interest in training highly skilled workers on the part of both the State and private investors along with public organizations. The dynamics and structure of financial support for the education sphere were analyzed. The system of targeted material assistance to pupils and students was considered. The applied and innovation-directed nature of public policy in the education sphere has been identified. It has been concluded that the effective financing of education as an innovation sphere ensures a high rate of socio-economic development and the increased competitiveness of the national economy.
Keywords: education sphere, university, human potential, innovativeness, financial support, budget.
Fig.: 3. Tabl.: 1. Bibl.: 10.

Duna Nataliia G. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of International Economics and World Economy, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: [email protected]
Kukhar Elina I. – Masters Student, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Duna, Nataliia G., and Kukhar, Elina I. (2017) “The Financial Factors for the Development of Education Sphere in Germany.” Business Inform 10:56–60.

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