Система державного фінансового регулювання розвитку людського капіталу

Valentyna MAKOHON

doi:10.31617/3.2022(123)05

Authors

Valentyna MAKOHON State University of Trade and Economics https://orcid.org/0000-0002-2331-8455

DOI:

https://doi.org/10.31617/3.2022(123)05

Keywords:

public financial regulation, human capital, fiscal policy, budget, education expenditures, health expenditures.

Abstract

Introduction. At this stage of social development, the task of proper financial support for human capital development has become important. The success of this task directly depends on the quality of the system of state financial regulation of human capital development, taking into account economic dynamics.

Problem. Accordingly, the issues of finding alternative sources of strengthening human capital and optimizing the structure of financial support for its development have been intensified.

The aim of the article is revealing the basic principles of public financial development of its human capital and substantiation of strategic objectives in the conditions of economic transformations.

Methods. The research methodically used the system method, the method of comparative analysis, scientific abstraction, methods of analysis and synthesis.

Results. The role of state financial regulation of human capital development in the conditions of economic transformations is determined. The peculiarities of the tools of state financial regulation of human capital development are revealed. An analysis and assessment of the consolidated budget expenditures on education and health care has been carried out. Approaches to the use of financial and budgetary tools in the field of education and health care have been developed. The directions of improvement of the state financial regulation of human capital development in the conditions of economic transformations are substantiated.

Conclusions. Making rational management decisions to change the structure of public financial resources aimed at human capital development should be based not only on assessing trends and
dynamics of their use, but also on the degree of
their validity, given the importance of fiscal policy adaptability to social processes.

Author Biography

Valentyna MAKOHON, State University of Trade and Economics

Doctor of Science (Economics), Senior researcher, Professor at the Department of Finance

References

Petty, U., Smyt, A., & Rikardo, D. (1993). Antologija jekonomicheskoj klassiki [Anthology of economic classics]. Jekonov-Kljuch [in Russian].

Abbott, A., & Jones, P. (2021). Government response to increased demand for public services: The cyclicality of government health expenditures in the OECD. European Journal of Political Economy, 68, 101-988. https://www.sciencedirect.com/science/article/abs/pii/S0176268020301361#! [in English]. DOI: https://doi.org/10.1016/j.ejpoleco.2020.101988

Bobba, M., Flabbi, L., Levy, S., & Tejada, M. (2020) Labor market search, informality, and on-the-job human capital accumulation. Journal of Econometrics. https://doi.org/10.1016/j.jeconom.2019.05.026 [in English]. DOI: https://doi.org/10.2139/ssrn.3323206

Chugunov, I. Ja., & Kozarezenko, L. V. (2017). Derzhavne finansove reguljuvannja rozvytku ljuds'kogo potencialu [State financial regulation of human potential deve¬lopment] Visnyk Kyi'vs'kogo nacional'nogo torgovel'no-ekonomichnogo universytetu – Herald of the Kyiv National University of Trade and Economics, 3, 116-132. http://nbuv.gov.ua/UJRN/Vknteu_2017_3_11 [in Ukrainian].

Chugunov, I. Ja. (2021). Bjudzhetna strategija suspil'nogo rozvytku: monografija [Budget strategy of social development: monograph]. Kyiv: KNUTE [in Ukrainian].

Oficijnyj sajt Svitovogo banku [The official website of the World Bank]. https://www.worldbank.org/uk/country. [in Ukrainian].

Indeks ljuds'kogo rozvytku [Human Development Index]. https://nonews.co/directory/lists/countries/index-human [in Ukrainian].

Oficijnyj sajt Ministerstva finansiv Ukrai'ny [Official website of the Ministry of Finance of Ukraine]. https://www.mof.gov.ua/uk [in Ukrainian].

Zakon Ukrai'ny «Pro derzhavnyj bjudzhet Ukrai'ny na 2022 rik» vid 2.12.2021 № 1928-IX. [Law of Ukraine «On the State Budget of Ukraine for 2022» dated December 2, 2021 № 1928-IX]. https://zakon.rada.gov.ua/laws/show/1928-20#Text [in Ukrainian].

Postanova Kabinetu Ministriv Ukrai'ny «Dejaki pytannja vykorystannja koshtiv z rahunka dlja zadovolennja potreb ohorony zdorov’ja» vid 26 kvitnja 2022 r. № 491. [Resolution of the Cabinet of Ministers of Ukraine «Some issues of using funds from the account to meet health care needs» dated April 26, 2022 № 491]. https://zakon.rada.gov.ua/laws/show/491-2022-%D0%BF#Text [in Ukrainian].

Postanova Kabinetu Ministriv Ukrai'ny «Pro sprjamuvannja koshtiv do rezervnogo fondu derzhavnogo bjudzhetu» vid 01.04.2022 r. № 401 [Resolution of the Cabinet of Ministers of Ukraine «On the allocation of funds to the reserve fund of the state budget» dated April 1, 2022 № 401]. https://zakon.rada.gov.ua/laws/show/245-2022-%D0%BF#Text [in Ukrainian].