MODELS OF FINANCING OF HIGHER EDUCATION INSTITUTIONS IN FOREIGN COUNTRIES

##plugins.themes.bootstrap3.article.main##

##plugins.themes.bootstrap3.article.sidebar##

Published: Dec 11, 2018

  Lesia Leshanych

  Iryna Miahkykh

  Mariana Shkoda

Abstract

The aim of the article is to study the problems of reforming the system of financing higher education in conditions of compliance with world quality standards of education. Besides, another aim of the article is also to substantiate of the perspectives of their use in Ukraine, on the basis of analysis of the main foreign models of higher education institutions financing. The subject of the study is the financing model of institutions of higher education in foreign countries. Methodology. The research is based on a comparative analysis of funding systems for higher education institutions in Ukraine and in foreign countries. The advantages and disadvantages of different systems of the financial provision of higher education are determined based on the analysis of the peculiarities of financing higher education institutions in Germany, USA, UK, Sweden, Norway, and Australia and in some other countries. On the basis of a comparative legal research of certain provisions of Ukrainian legislation, the possibilities and limits of the application of positive foreign experience in this field are defined. The results of the study showed that the financing of higher education at the expense of state funds should be directed only to the needs of the state. And the state, in its turn, should provide graduates with jobs that will help reduce unemployment among them. Currently, there is a partial improvement of diversification of funding sources in Ukraine. We mean that the provision of the status of a non-profit organization will give the first impetus to the formation of contract relations between higher education institutions and private organizations and will improve their financial position. The implementation of the foreign experience will make financing more transparent and will give an opportunity to distribute it according to the quality criteria of providing educational services. Practical impact. Experience of the developed economies and the analysis of the existing condition of financing of educational institutions of Ukraine allow defining the priority directions of improvement of a system of financing of the higher education. As the budget of Ukraine is not able to compensate all needs for financial resources of higher educational institutions, it is necessary to encourage private investments into education, training, and high technologies more actively. Besides, conducting researches, the international consultations, modelling and discussion of the schematic diagram and funding mechanism for the higher education in Ukraine is also expedient. Correlation/originality. Conducting a comparative analysis of financing models of higher education institutions in Ukraine and foreign countries is the basis for developing the most promising directions for the development of domestic legislation in this field.

How to Cite

Leshanych, L., Miahkykh, I., & Shkoda, M. (2018). MODELS OF FINANCING OF HIGHER EDUCATION INSTITUTIONS IN FOREIGN COUNTRIES. Baltic Journal of Economic Studies, 4(5), 145-150. https://doi.org/10.30525/2256-0742/2018-4-5-145-150
Article views: 797 | PDF Downloads: 580

##plugins.themes.bootstrap3.article.details##

Keywords

institutions of higher education, autonomy, financing of education, foreign experience, financing models

References

Zakon Ukrainy «Pro vyshchu osvitu» vid 01.07.2014 [The Law of Ukraine "On Higher Education" of 01.07.2014]. URL: http://zakon.rada.gov.ua/laws/show/1556-18

Postanova Verkhovnoi Rady Ukrainy «Pro Rekomendatsii parlamentskykh slukhan na temu: «Pro stan ta problemy finansuvannia osvity i nauky v Ukraini» vid 12 lypnia 2017 № 2133-VIII [Resolution of the Verkhovna Rada of Ukraine "On Recommendations of the Parliamentary Hearings on the theme "On the State and Issues of Financing Education and Science in Ukraine "dated July 12, 2017 № 2133-VIII]. URL: http://zakon.rada.gov.ua/laws/show/2133-19

Kaleniuk, I. S. (2017). Napriamy transformatsii mekhanizmiv finansuvannia osvity v suchasnomu sviti [Directions of transformation of financing mechanisms of education in the modern world]. Demohrafiia ta sotsialna ekonomika, 1(29), 24-36.

Kharlamova, H. (2017). Brytanska model finansuvannia vyshchoi osvity: uroky dlia Ukrainy [British Higher Education Financing Model: Lessons for Ukraine]. Visnyk Kyivskoho natsionalnoho universytetu imeni Tarasa Shevchenka. Ekonomika, 5(194), 58-66.

Laryonova, M. V. (2005). Aktualnue voprosu razvytyia obrazovanyia v stranakh OESR: ucheb. Posobye [Current issues of education development in OECD countries: studie book]. Moskva: Yzdat. dom HU VShE.

Hryshchenko, I. M. (2015). Teoretyko-metodolohichne obgruntuvannia efektyvnykh finansovo-ekonomichnykh modelei rozvytku vyshchoi shkoly: monohrafiia [Theoretical and methodological substantiation of effective financial and economic models of higher education development: monograph]. Kyiv.

Savchenko, I. H., Chumak, O. V. (2017). Modernizatsiia derzhavnoho mekhanizmu finansuvannia vyshchoi osvity v umovakh yii reformuvannia [Modernization of the state financing mechanism of higher education in conditions of its reformation]. Teoriia ta praktyka derzhavnoho upravlinnia, (58), 1-6.

Postanova Kabinetu Ministriv Ukrainy «Pro utvorennia Natsionalnoho ahentstva iz zabezpechennia yakosti vyshchoi osvity» vid 15 kvitnia 2015 r. № 244 [Resolution of the Cabinet of Ministers of Ukraine "On the Establishment of the National Agency for the Quality Assurance of Higher Education" dated April 15, 2015, No. 244]. URL: http://zakon.rada.gov.ua/laws/show/244-2015-%D0%BF/paran15#n15