FINANCIAL SUPPORT FOR HIGHER EDUCATIONAL INSTITUTIONS: THE EXPERIENCE OF SWITZERLAND AND THE UNITED KINGDOM
Journal Title: Зовнішня торгівля: економіка, фінанси, право - Year 2017, Vol 4, Issue 93
Abstract
Background. Effective satisfaction of the needs of the society in higher education requires significant financial resources; therefore, each state seeks to define its own strategy and scenario of financial provision of higher educational institutions. Finding an effective financing mechanism requires an analysis of various, even diametrically opposed practices to justify the performance of financial systems adapted to socio-economic conditions. Analysis of recent research and publications. The analysis of world experience and competitiveness of Higher education institutions in the market of educational services was the subject of research by many Ukrainian scientists, namely: T. M. Bogolib, L. S. Shevchenko, Ye. O. Malik, I. I. Gorin, O. Romanovsky and others. The aim of this study is to identify the current productive features of funding the higher education institutions on the example of Great Britain and Switzerland. Materials and methods. The method of analysis and systematic approach is used in the study. The information base is based on the analysis of scientific works of Ukrainian scientists and statistical data of British and Swiss origin. The results of the research. The diametrically opposed systems of financial support of higher education of Great Britain and Switzerland, their different strategies and scenarios of development are investigated. The analysis of the mechanism of financial activity of higher educational institutions is carried out. Conclusion. On the example of Great Britain and Switzerland, the link between the success of socio-economic development of society and the level of higher education is observed, since the universities of these countries are among the best in the world, and the level of economic development is one of the highest. It was made possible by the fact that the United Kingdom and Switzerland, although having different approaches to the financial provision of higher education, however their financial systems are adapted to their own potential and economic possibilities, which is decisive when choosing a financing scenario for any national economy.
Authors and Affiliations
Maria KLADCHENKO
Keywords
Related Articles
- EP ID EP235427
- DOI -
- Views 78
- Downloads 0
PROTECTIONISM IN FOREIGN DIRECT INVESTMENTS REGULATION
Background. The study of the genesis of the world economy shows that during the downturn in production and rising unemployment, most of the government economic policy measures are aimed at regulating international trade,...
LEGAL BASIS OF TAX ADMINISTRATION IN UKRAINE
Statement of the problem. The combination of stagnation and unbalanced galloping inflation in Ukraine in 2014-2015has led to the development of stagflation in the state. World experience shows that the only way to overco...
MANAGEMENT OF TRANSNATIONAL CORPORATIONS
Background. Nowadays the theory and practice of management of leading multinational companies changes dynamically, so every company that wants to be competitive on world markets, should carefully examine international ex...
DETERMINANTS OF THE CYBER-RISKS ARISE AND REALIZATION
Background. Over the past decades, the development of the Internet has revolutionized the communication area, which has become a major factor in global economic growth, but has led to cyber-risk arise. Analysis of recent...
LEGAL STATUS OF CRYPTOCURRENCY
Background. In terms of rapid development of modern technologies, e-commerce and the emergence of such newest means of payment as cryptocurrency, there is a problem of proper legal qualification of the latter, the defini...