EconPapers    
Economics at your fingertips  
 

OPTIMIZATION OF FINANCING PUBLIC HIGHER EDUCATION INSTITUTIONS IN UKRAINE

Z. Varnaliy and O. Krasilnyk
Additional contact information
Z. Varnaliy: Doctor of Sciences (Economics), Professor Taras Shevchenko National University of Kyiv
O. Krasilnyk: PhD in Economics Kyiv University of Market Relations

Вестник Киевского национального университета имени Тараса Шевченко. Экономика., 2017, vol. 5(194), issue 194, 6-13

Abstract: The paper considers the ways to optimize financing public higher education institutions of Ukraine. Public higher education institutions acutely feel the lack of financial resources. The study describes that it is necessary to reform the models, methods and forms of financing higher education institutions. The paper explains the impact of autonomy of higher education institutions on their development. The autonomy level of university determines the possibilities for diversification from additional sources. The results found that more autonomy of higher education institutions will allow them effectively generate and use financial resources. The review outlines the diversification of financial resources public universities. One of the key factors of the university success is to implement the diversification strategy into the overall academic strategy and mission of the higher education institution. The analysis recommends the performance-based funding system and public higher education institutions achieve certain performance indicators. The performance-based funding system will promote higher competitiveness of education institutions and improve the quality of higher education in general. The conclusions suggest the development trends of financing public higher education institutions of Ukraine.

Keywords: financing; public higher education institutions; optimization of financing; diversification; performance-based funding; financial autonomy (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link)
https://socionet.ru/~visnyk/files/194_6-13.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:scn:pnoeeq:194a1

Access Statistics for this article

Вестник Киевского национального университета имени Тараса Шевченко. Экономика. is currently edited by Ганна Харламова

More articles in Вестник Киевского национального университета имени Тараса Шевченко. Экономика. from Socionet, Киевский национальный университет имени Тараса Шевченко
Bibliographic data for series maintained by Ганна Харламова ().

 
Page updated 2018-04-21
Handle: RePEc:scn:pnoeeq:194a1