scholarly journals COMPARATIVE ANALYSIS OF FINANCING MODELS OF HIGHER EDUCATION

2017 ◽  
Vol 4 ◽  
pp. 330
Author(s):  
Birutė Pranevičienė ◽  
Aurelija Pūraitė ◽  
Violeta Vasiliauskienė ◽  
Žaneta Simanavičienė
Keyword(s):  
Higher Education ◽  
Comparative Analysis ◽  
Higher Education Institutions ◽  
Comparative Method ◽  
Legal Regulation ◽  
State Regulation ◽  
The State ◽  
Advantages And Disadvantages ◽  
State Financing ◽  
Financing Higher Education

The paper aims to present a comparative analysis of financing models of higher education in Europe. Higher education institutions can function properly and ensure the quality of research and studies when there is sufficient funding. Higher education institutions in Europe face a demanding financial situation in which traditional models of funding have been transformed and continue to change gradually. The paper consists of two parts. In the first part the trends in financing higher education in Europe are presented and evaluated. An analysis of the legal regulation and deficiencies of this field are presented. The second part of the paper is devoted to the description of state financing methods of higher education. The main methods of the distribution of the state financing among the institutions of higher education are discussed and the advantages and disadvantages of those methods are evaluated, as well as the experience of other countries in financing higher education. The problematic aspects of the state regulation of financing higher education are analysed by using the methods of document analysis, critical-analytical methods, analysis of scientific literature, historic analysis, systematic analysis, method of the source-content analysis, comparative method.

scholarly journals MODELS OF FINANCING OF HIGHER EDUCATION INSTITUTIONS IN FOREIGN COUNTRIES

2019 ◽  
Vol 4 (5) ◽  
pp. 145
Author(s):  
Lesia Leshanych ◽  
Iryna Miahkykh ◽  
Mariana Shkoda
Keyword(s):  
Higher Education ◽  
Comparative Analysis ◽  
Higher Education Institutions ◽  
Quality Criteria ◽  
The State ◽  
Educational Institutions ◽  
Foreign Experience ◽  
Advantages And Disadvantages ◽  
Foreign Countries ◽  
Financing Higher Education

The aim of the article is to study the problems of reforming the system of financing higher education in conditions of compliance with world quality standards of education. Besides, another aim of the article is also to substantiate of the perspectives of their use in Ukraine, on the basis of analysis of the main foreign models of higher education institutions financing. The subject of the study is the financing model of institutions of higher education in foreign countries. Methodology. The research is based on a comparative analysis of funding systems for higher education institutions in Ukraine and in foreign countries. The advantages and disadvantages of different systems of the financial provision of higher education are determined based on the analysis of the peculiarities of financing higher education institutions in Germany, USA, UK, Sweden, Norway, and Australia and in some other countries. On the basis of a comparative legal research of certain provisions of Ukrainian legislation, the possibilities and limits of the application of positive foreign experience in this field are defined. The results of the study showed that the financing of higher education at the expense of state funds should be directed only to the needs of the state. And the state, in its turn, should provide graduates with jobs that will help reduce unemployment among them. Currently, there is a partial improvement of diversification of funding sources in Ukraine. We mean that the provision of the status of a non-profit organization will give the first impetus to the formation of contract relations between higher education institutions and private organizations and will improve their financial position. The implementation of the foreign experience will make financing more transparent and will give an opportunity to distribute it according to the quality criteria of providing educational services. Practical impact. Experience of the developed economies and the analysis of the existing condition of financing of educational institutions of Ukraine allow defining the priority directions of improvement of a system of financing of the higher education. As the budget of Ukraine is not able to compensate all needs for financial resources of higher educational institutions, it is necessary to encourage private investments into education, training, and high technologies more actively. Besides, conducting researches, the international consultations, modelling and discussion of the schematic diagram and funding mechanism for the higher education in Ukraine is also expedient. Correlation/originality. Conducting a comparative analysis of financing models of higher education institutions in Ukraine and foreign countries is the basis for developing the most promising directions for the development of domestic legislation in this field.

scholarly journals Analysis of the state order and budget expenses for its funding

2021 ◽  
Vol 5 (4(61)) ◽  
pp. 19-24
Author(s):  
Victor Chentsov ◽  
Olha Hryhorash ◽  
Tetiana Hryhorash
Keyword(s):  
Higher Education ◽  
Cost Allocation ◽  
Higher Education Institutions ◽  
The State ◽  
Order Allocation ◽  
Higher Education System ◽  
Advantages And Disadvantages ◽  
Quality Of Higher Education ◽  
Low Efficiency ◽  
The Impact

The object of the research is the budget expenditures for the state order funding. One of the most problematic places is, on the one hand, the lack of financial resources, and on the other hand, the low efficiency of their allocation. Using the method of vertical and horizontal analysis, the expenditures of the consolidated budget for higher education are explored by the example of Ukraine. It was found that the share of the consolidated budget of Ukraine for higher education in % of GDP is one of the largest in Europe, however, the amount of funding is insignificant in monetary terms, which makes it impossible to improve the quality of higher education. The amount of the state order for training of specialists and expenditures of the consolidated budget are analyzed. On the basis of the results of the analysis of the legislation, the impact of elements of the system of formation and state order placement on its effectiveness is assessed. During 2012–2020, the consolidated budget expenditures tended to increase (except for the crisis of 2020, when there was a general economic growth disruption). At the same time, the number of budget places reduced annually until 2018. The analysis of the system of the state order allocation showed that during 2012–2020 it had been changed several times. The main advantages and disadvantages of the system of state order allocation at the stages of its transformation are identified in the paper. Until 2015 the state order allocation was carried out manually. Since 2017 a mechanism for state order addressing has been introduced. In 2020 the mechanism of cost allocation between higher education institutions was changed and indicative prices were introduced. Due to the analysis of the conditions of state order allocation and cost allocation between higher education institutions, it is possible to take into account the main factors that contribute and block the efficiency and effectiveness of funding the higher education system in Ukraine

scholarly journals Analyzing the Demand for Educational Services of Higher Education Institutions in Terms of Individual Specialties

2021 ◽  
Vol 2 (517) ◽  
pp. 111-118
Author(s):  
A. V. Skrypnyk ◽  
◽  
M. V. Nehrey ◽  
A. A. Petrenko ◽  
◽  
...  
Keyword(s):  
Higher Education ◽  
Higher Education Institutions ◽  
State Regulation ◽  
The State ◽  
Educational Services ◽  
Digital Information ◽  
Marginal Value ◽  
Econometric Methods ◽  
Long Time ◽  
Expert Assessments

Ukrainian higher education is in a state of reforming, which aimes at improving its quality and is accompanied by a reduction in its generality. During the admission campaign in 2020, the concept of «indicative self-cost of educational services» was for the first time used, the purpose of which was to reduce the demand for training at the expense of individuals (contract) in the State-owned higher education institutions. The publication considers the study of the efficiency of the State regulation of qualifying for a government scholarship as to certain specialties. For this purpose, data on the results of the 2020 admission campaign from the unified State electronic database on education were used. The educational space was divided into several subspaces, for each of these the ratio between the number of applications submitted and the license volume was obtained. It was found that the most in demand for a long time are specialties related to jurisprudence, in the smallest demand are specialties of engineering, where the competition is two applications for three budget places (1.50). The publication uses econometric methods of analysis of digital information, assessments of the elasticity of the introductory score according to the general competition and its marginal value are carried out. Recommendations on refusal of expert assessments in the regulation of the students’ admission and redistribution of financial resources in favor of high-demand specialties are provided.

scholarly journals ANALYSIS OF FINANCIAL FLOWS IN HIGHER EDUCATION INSTITUTIONS UNDER JURISDICTION OF THE MINISTRY OF EDUCATION AND SCIENCE OF UKRAINE

2021 ◽  
pp. 58-69
Author(s):  
Kateryna Chytaieva ◽  
◽  
Liudmyla Bulharina ◽  
Keyword(s):  
Higher Education ◽  
Higher Education Institutions ◽  
The State ◽  
Ministry Of Education ◽  
State Budget ◽  
Financial Flows ◽  
Economic Relations ◽  
Economic Framework ◽  
Special Fund ◽  
Financing Higher Education

The article considers financial and economic relations in higher education institutions in Ukraine. The economic framework for financing higher education from the general and special funds of the state budget and usage of said resources are analyzed. In recent years, the amount of expenditures from the state budget for the HEIs has almost doubled, and the ratio of general and special funds during those years was within the following limits: funding from the general fund was from 58 % to 65 % of total expenditures, and funding from the special fund was from 42 % to 35 % respectively. The largest share in the costs of the HEIs was for the remunerations with accruals (KEKV 2100), and they were 63,27 % in 2014, 60,24 % in 2015, 56,8 % (minimum) in 2016, 74,99 % in 2017, 76,16 % in 2018, 76,25 % in 2019, 82,05 % in 2020. Thus, other expenditures required less and less funds every year, so the minimum value was recorded in 2020 at only 18 %. Other expenditures included expenditures for utilities and energy (KEKV 2270), which ranged from 6,12 % to 8,94 %; capital expenditures (KEKV 3000), the main source of which was the special fund, and they ranged from 2,71 % to 10,97 %; other current expenditures, which ranged from 28,57 % to 8,13 % (a decrease occurred in 2017, as academic scholarships were allocated to the separate program of funding KPKV 2201190). The analysis of the structure of expenditures showed that every year an increasing percentage of funding fell on remunerations with accruals, and growth costs decreased annually. Thus, we see that underfunding hinders the provision of quality educational services and competitive knowledge. For the effective functioning of the HEIs it is necessary to carefully plan financial resources; make every effort to attract additional sources of funding; to provide the HEIs with not only financial autonomy but also other components of university autonomy – organizational, personnel, academic.

PRACTICES OF DEVELOPMENT AND IMPLEMENTATION STRATEGY FINANCIAL POLICY OF HIGHER EDUCATION INNOVATION OF UKRAINE

2017 ◽  
pp. 72-83
Author(s):  
Vitaliy MARTYNIUK
Keyword(s):  
Higher Education ◽  
Development Strategy ◽  
State Regulation ◽  
The State ◽  
Direct Result ◽  
Financial Policy ◽  
Innovative Development ◽  
Efficient System ◽  
Social Standards ◽  
Key Factor

Introduction. Article reviews the current state and key aspects of financial policy in higher education and it’s innovative development in Ukraine. Through education institutions achieved increase of social standards, needs and increase welfare, increase the competitiveness of the state as a whole. Purpose. The purpose of this paper is to determine the characteristics of the development strategy of financial policy of innovative development of higher education and finding ways to improve its implementation. Results. The article deals with the importance of an innovative approach to the development of financial strategy in higher education. The ways to improve the effectiveness of the financial policy of innovative development of higher education are defined. Today an important form of state regulation of the economy is macroeconomic planning and forecasting. Conclusion. Innovative development of higher education is the foundation of economic growth of the economy and improvement of social standards. The financial policy of the state in this area is aimed, ultimately, to ensure the welfare of all members of society. Achieving high rates of innovation in the field of higher education facilities by building efficient system of economic mechanisms of financing. Important direct result of providing innovative educational services not only to order the state or the employer, but also on the personal needs of citizens in their development. The level of education is a key factor the ability of the workforce to adapt to new conditions, increase overall efficiency, etc.

scholarly journals The Evolution of Liability Measures Applied in Bankruptcy to Creditors’ Property Rights Violators in Russia

2021 ◽  
Vol 16 (5) ◽  
pp. 84-97
Author(s):  
A. V. Arbekova
Keyword(s):  
Comparative Analysis ◽  
Comparative Method ◽  
Legal Regulation ◽  
Assessment Method ◽  
Critical Assessment ◽  
Bad Faith ◽  
Principle Of Justice ◽  
Historical Retrospect ◽  
Russian Law ◽  
Term Objective

One of the tasks the modern law in the field of insolvency of legal entities pursues is to ensure the maximum balance of the rules governing the measures of liability applied to managers, participants and other entities controlling the debtor. In this regard, the author applies historical and comparative method of studying the measures of responsibility applied during the development of domestic legal regulation of insolvency and the critical assessment method that forms the basis for the analysis of the current Russian legislation. The paper carries out a retrospective analysis of the form and degree of fault as an element of the offense that traditionally acted as one of the criteria for choosing the type of insolvency, as well as for imposing the measures of responsibility. A comparative analysis of the norms of the Russian bankrupt legislation in historical retrospect allowed raising problematic issues of the current legislation and making proposals aimed at their resolution. Currently, the rules of the current domestic insolvency legislation provide an equal amount of responsibility for both bad faith (intentional) and unreasonable (careless) actions of entities controlling the debtor. The normative consolidation of measures of responsibility dependent on the form of fault, namely, the separate qualification of intentional and careless offenses, will secure coherent application of the principle of justice. Modern Russian law contains the concepts of “insolvency” and “bankruptcy”, which in some cases creates legal uncertainty. Therefore, it is proposed to delineate these concepts by law, eliminate the term “objective bankruptcy” from the application, and shift its semantic burden to the concept of “insolvency”. Thereby, a separate category of insolvency will be included in the current legislation.

scholarly journals FEATURES OF RESULT BASED FINANCING HIGHER EDUCATION

THE BULLETIN ◽  
2021 ◽  
Vol 2 (390) ◽  
pp. 50-57
Author(s):  
Iryna Kalenyuk ◽  
Olena Grishnova ◽  
Liudmyla Tsymbal ◽  
Deniss Djakons
Keyword(s):  
Higher Education ◽  
Education System ◽  
Higher Education Institutions ◽  
Knowledge Society ◽  
Public Funding ◽  
Negative Consequences ◽  
Financial Flows ◽  
Higher Education System ◽  
The World ◽  
Financing Higher Education

The key role of the education system in the formation of a knowledge society is raising the issue of improving its financing. In the face of new challenges and aggravation of global competition, the mechanism for financing the higher education system is being transformed. The need to increase funding is manifested in expanding financial sources and improving the management of various financial flows. Increasing the effectiveness of public funding is becoming an important issue, which remains the main source of financial revenues for institutions of higher education in countries of the world. A promising practice in the world is the use of funding based on the results of activity, which is becoming more widespread in various areas of economic activity. The purpose of this article is to study the current world-wide practice of applying results-based financing of higher education and defining promising directions for its implementation in Ukraine. The essence and features of RBF - Result Based Financing (RBF) method, including in the system of higher education, are revealed. The existing approaches to financing higher education institutions in the world based on results are systematized, the main criteria for their definition are identified: on the basis of inputs, process, output, output. The world practice of using higher education institutions financing based on the results, positive and negative consequences of its implementation is highlighted and summarized. The necessity of using RBF funding in the system of native education is proved, the main directions and areas of its use are determined. The application of a two-tier model of financing higher education institutions in Ukraine is proposed, which combines the traditional cost-oriented approach and funding based on the results of the activity.

scholarly journals Directions of Social and Economic Policy in the Context of the Development of Non-Standard Forms of Employment in the Russian Federation

2020 ◽  
Vol 16 (1) ◽  
pp. 21-32
Author(s):  
Vyacheslav N. Bobkov ◽  
Natalia V. Loktyukhina
Keyword(s):  
Economic Policy ◽  
Labour Market ◽  
Information And Communication Technologies ◽  
Consumer Preferences ◽  
Labour Productivity ◽  
Legal Regulation ◽  
State Regulation ◽  
The State ◽  
Informal Employment ◽  
Precarious Work

The Object of the Study. Informal employment in Russia, factors affecting the development of informal employment. The Subject of the Study. Socio-economic policy in connection with the development of non-standard forms of employment in Russia. The Purpose of the Study. Developing of proposals for the transformation of socioeconomic policy in the context of the development of non-standard forms of employment in Russia. The Main Provisions of the Article. The main factors influencing the development of non-standard forms of employment are: the development of information and communication technologies and robotics, changing consumer preferences, demographic factors, changing the quality of the workforce, institutional factors, globalization. The proposals on the directions of socioeconomic policy, necessary for a positive impact on the situation with the state and development of precarious work in Russia are substantiated. The objective of such a policy in terms of precarious work is to reduce (reduce to “no”) its risks, expand positive opportunities for the parties to labour relations and society as a whole in the context of the development of the ICT and robotization. Measures are proposed in the field of the “lifelong learning” program, state regulation of the labour market (including in terms of improving the activities of state and non-state employment services, unemployment benefits, electronic personnel management), the development of a social partnership system (primarily in terms of improving activities of trade unions), the development of external institutions affecting the labour market and employment (Tax policy, Informing on the state of legal regulation labor relations). It is advisable to update the National Project “Labour Productivity and Employment Support”, providing for the whole range of issues of promoting productive employment, due to the development of its non-standard precarized forms.

scholarly journals INTELLECTUAL POTENTIAL AS A KEY FACTOR OF FORMATION OF INTELLECTUAL CAPITAL OF UKRAINE’S HEI

2021 ◽  
Author(s):  
Hanna Stupniker ◽  
◽  
Valentina Babenko ◽  
Keyword(s):  
Higher Education ◽  
Intellectual Capital ◽  
National Economy ◽  
New Technologies ◽  
Higher Education Institutions ◽  
The State ◽  
Educational Institutions ◽  
Intellectual Activity ◽  
Theoretical Approaches ◽  
Intellectual Potential

Under the influence of globalization and integration of economic processes in the domestic economy, the importance of intellectual resources is growing. Based on its use in economic activities, enterprises and organizations are able to realize their intellectual capital. The main condition for the formation of this special type of capital is the presence of intellectual potential that arises in the process of manifestation of intellectual abilities and professional competencies of the company's staff. The intellectual component is the fundamental basis of the system of relations between science, industry and society. Therefore, educational institutions play an important role in raising the intellectual level of the national economy. The theoretical approaches to determining the economic essence of the intellectual capital of higher education institutions have beem summarized in this article and the main aspects of realizing the intellectual potential of educational and research institutions in Ukraine have been explored. The availability of intellectual capital allows scientific organizations to formalize and implement in the market various forms and types of knowledge: research, skills, experience, competencies, professional skills. The purchase of knowledge allows commercial organizations to significantly increase the level of their technical and technological solutions, develop know-how, to acquire ownership of the right to use knowledge in the form of patents, licenses, franchises. On this basis, the production of new products can be carried out; use of new technologies, new management methods; creation of a trademark; development of new activities; entering new markets. The implementation of the socio-economic policy of the state should be based on the intensification of intellectual activity of higher education institutions, because in market conditions it is the state that should stimulate educational institutions to form intellectual capital. The important role of intellectual capital of higher education institutions is manifested in the fact that it allows them to become intellectual enterprises and significantly affect the national economy by increasing its competitiveness.

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