TY - JOUR AU - Zhmykhova Natalia PY - 2020/02/15 Y2 - 2024/03/29 TI - GOVERNMENT FUNDING OF EDUCATION: FACTORS OF RATIONALITY IN THE XXI CENTURY JF - International Conference "Actual Economy: Local Solutions for Global Challenges" JA - ACE VL - IS - 0 SE - Articles DO - UR - https://conferaces.com/index.php/journal/article/view/209 AB - 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. ER -