BUSINESS INFORM №3-2016

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Section: Education and Science
UDC 37.018
Komarova O. A.
Actual Problems of Financing the Education in Ukraine (p. 116 - 122)
The article is aimed at generalizing the problems of financing the educational institutions of different types and determining possible impacts when preserving negatives in the education financing policy. On analyzing statistical information concerning the amounts of financing the education sector, a conclusion has been made about the dominance of residual principle of financing in terms of educational institutions of different types and the conversion of their budgets into the «surviving» budgets. It has been determined that, under conditions of limited public spending for the education sector, commercial activities by the educational institutions are intensified, which transforms them into full-fledged subjects of market relations and imposes on them characteristic features of industrial enterprises. The core problems of financing the pre-school, general secondary, vocational and higher education have been identified, effects of further under-funding the education sector have been formulated. The prospect of further research in this area is developing a new organizational-economic mechanism for establishing the educational potential of society.
Keywords: education, financing of education, residual principle of financing the education, extrabudgetary sources of financing
Tabl.: 2. Bibl.: 12.

Komarova Olha A. – Doctor of Sciences (Economics), Professor, Professor, Department of Finance and Planning, Kirovograd National Technical University (8 Unіversytetskyi Ave., Kropyvnytskyi, 25006, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Komarova, Olha A. (2016) “Actual Problems of Financing the Education in Ukraine.” Business Inform 3:116–122.

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