Modelling the trends of the healthcare funding in the EU countries

Healthcare is one of the most important sectors of the public economy in the EU countries. An important task in the analysis and prediction of the values for healthcare funding is the development and application of quantitative models based on different mathematical methods. Three of the most popular indicators used for the macroeconomic description of the funding of healthcare are: (1) total government expenditure on health as a percentage of GDP; (2) total government expenditure on health as a percentage of total general government expenditure; and (3) total government expenditure on health per capita. The aim of this research is to study the trends for the main indicators of healthcare funding on the macroeconomic level and to develop models based on time series methods for analysis of the features of the trends and the prediction of the values for the next time period.

Russia's grand development plan goes ahead amid delays

Significance The budget allocates substantial funds to the National Projects, a sweeping development programme unveiled in 2018 and rescheduled in July this year. Despite the renewed focus on the projects, total government expenditure in 2021 will be less than this year, when additional funds were made available to combat COVID-19 impacts. Impacts The prime minister is serious about leaner government, but cutting public sector jobs has historically been a difficult task in Russia. As federal government debt rises to its highest level since the early 2000s, there will be limited space for fiscal support for the economy. As the budget deficit expands, the share of expenditure used to service government debt is projected nearly to double from 2019.