Areas of improvement of expenditure funding for the development of vocational and technical education

Abstract

Introduction. The formation of a personality is the determining factor in the success of not only development of a country, but it is also a guarantee of a responsible attitude to the environment, tolerance to communities. The composition and quality of valuable reference points influence the success of a large part of global problem solving, because they cannot be overcme without adequate treatment and the presence of strong will of the person. At the present stage of post-socialist society, which is characterized by an abrupt change in the social conditions of political and economic reforms we consider to be crucial the consideration, correction and use of the whole complex set of factors that shape human potential of the country and the effectiveness of its implementation in the daily life of the people.

Purpose. The purpose of this article is to develop theoretical foundations funding of vocational and technical education and practical recommendations for its improvement.

Results. It has been characterized the current funding mechanism for vocational and technical education. It is considered to the one which needs substantial improvement. It has been disclosed the essence of innovations which are proposed by the Government and contain system errors. We have come to the conclusion that if they are used without additional tools to stimulate effective financing of vocational and technical education then it can lead to negative consequences in the social sphere for a long period. So, it is necessary to work out priorities for improvement of budget financing of vocational and technical education, including intergovernmental transfers as a major source of financial security of the latter. We have grounded the prospects for financing expenditure on the development of vocational and technical education in Ukraine in 2015 - 2016.