GOVERNMENT FUNDING OF EDUCATION: FACTORS OF RATIONALITY IN THE XXI CENTURY

  • Zhmykhova Natalia Rostov State Transport University. Rostov-on-Don

Abstract

The paper assesses economic role, effectiveness and appropriateness of governmental education funding. Based on the authors’ methodology a correlation between dynamics of Government expenditures on education and main macroeconomic indices in the period 20012018 was conducted. Findings on the sharp declining of public expenditures’ on education cost-effectiveness, author's recommendations on the national strategy for labor intellectualization modernization were also offered.

Published
2020-02-15
How to Cite
Natalia, Z. (2020). GOVERNMENT FUNDING OF EDUCATION: FACTORS OF RATIONALITY IN THE XXI CENTURY . Actual Economy: Local Solutions for Global Challenges, 346-350. Retrieved from https://conferaces.com/index.php/journal/article/view/209