The Social Sciences

Year: 2016
Volume: 11
Issue: 6
Page No. 774 - 780

Reproductive Efficiency of Education Spending and the Need to Formulate New Principles of Financing

Authors : Arsen A. Tatuev

Abstract: Contradictions of modern public financing of educational system cause special attention to new organizational economic and integration forms of financing of this branch. Relevance of integration of financial resources of the population, corporations and the state grows in this context. The research objective consists in the general assessment of efficiency of public financing of education from positions of impact on dynamics of key indicators of economic development. The received results show that in domestic economy uncertainty of opportunities of rendering influence by the level of the public expenditures on education as a percentage to GDP on the level of an internal gross product takes place. In general, direct public financing of education systems doesn’t give an unambiguous picture of the corresponding increase of efficiency of economic development. This situation shows need of formation of the new system of a financing of education integrating all participants of process presented in reproduction structures.

How to cite this article:

Arsen A. Tatuev , 2016. Reproductive Efficiency of Education Spending and the Need to Formulate New Principles of Financing. The Social Sciences, 11: 774-780.

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