Financial Aspects of Social Infrastructure Development in UkraineJournal: Accounting and Finance (Vol.1, No. 66)
Publication Date: 2014-12-30
Authors : Maria Trofymenko;
Page : 115-122
Keywords : social infrastructure; financing; financial resources; private investment; financing strategy;
The article estimates the efficiency of financing of social infrastructure based on the study of the dynamics of quantitative indicators of social sectors functioning and identify strategic priorities for its further development. The dynamics of quantitative development indicators of social infrastructure sectors during 2002-2012 are being analyzed. Demonstrated the predominance of distribution of budget expenditures for administrative needs and support of current operation of institutions of social infrastructure by the example of Lviv region. Attention is focused on the need to change the model of financing of social infrastructure of Ukraine for its effective development. According to the author, scaling up public and private partnerships and attraction of private investment in financing social infrastructure will improve the performance of social sectors and expand the base of financial resources of the field, going beyond the limited budget funding opportunities. It is proved that the use of self-financing and private investment facilitates contributes to the stable level of funding, creating opportunities to overcome the existing problems and the development of financing of social infrastructure of Ukraine.
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