The Financing of Educational-Scientific Activities in the Countries with Low Income Per Capita

The article is aimed at studying the correlation of the income per capita level with the financial support of the educational-scientific sphere, and determining on this basis the directions of improving the efficiency of education financing in the countries with low income per capita, with attention to its potential regulatory-institutional adaptability to the current conditions of Ukraine. The current economic development of foreign countries is analyzed, the countries are grouped according to the criterion of GDP per capita; a correlation between the level of per capita income and the level of the State expenditure on education is determined. It is identified that Ukraine belongs to the countries with low income per capita. Directions of improvement of management and financing of education are suggested, the main of which are: optimization of distribution of financial resources; diversification of funding sources by expanding the range of educational services and attracting resources from the private sector, etc. Prospect for further research in this direction is to determine the interdependence between the level of income per capita and the State expenditure on health, social protection to substantiate proposals for financing at a sufficient level the main activities in which human capital is being reproduced