EVALUATION OF CONTROL MECHANISM PUBLIC SECTOR

The subject of research is theoretical and practical questions of public sector economics. The study is evaluating the effectiveness of the management of the public sector in Ukraine. Research methods. The paper used set of scientific methods and approaches, including systemic, structural, comparative, factorial methods that allowed to realize conceptual integrity of the study. The results. The article reveals the essence of the mechanism of management of the public sector and approaches to assess its effectiveness. The analysis of the dynamics of the number of objects that changed state and municipal property, unfinished construction, small-scale privatization in general and in groups, assess the effectiveness of public sector economics. The problems of public sector economics. Range of application results. The system of financial regulation mechanism of the public sector. Conclusions. The effectiveness of public sector management is to achieve management objectives, specific performance or quality of the facility management with maximum savings of resources, including the accumulation of national wealth; protection of national heritage; sustainable use, protection and restoration of natural resources; sustainable development of industrial and social infrastructure. Effective management maximizes the results of possession, use and disposal of property within the statutory limits. The most massive and accelerated process of privatization in Ukraine took place in the years of mass privatization (1992 - 1998 years.). The most notable impact on the change in the ownership structure of the domestic economy scale privatization of groups B, C and D. During this time changed the ownership of public facilities 8157, representing 92% of all sold objects for 20 years these groups. Moreover, during the mass privatization of private property crossed virtually all areas of the company that served the domestic market, namely the wholesale and retail food, light and local industry, construction materials, the provision of public services and so on. Private ownership has taken place in major export industries - steel industry, chemical industry and industries related - coke, iron ore mining, distribution of electricity.