2 research outputs found
Evaluating the effectiveness of public health financing based on financial and non-financial indicators in terms of the knowledge economy
In conditions of the knowledge economy human capital, human value are the main factors of economic growth and prosperity of the state. Qualitative characteristics of human capital are indicators of public health. Therefore, one of the most important tasks of the state is to assess the effectiveness of financing public health expenditures.
The methodological base of the research was the methods of system and economic analysis, mathematical statistics and decision optimization, which resulted in the identification of factors influencing the resource supply, availability and quality of public health.
The formation of a comprehensive indicator of the effectiveness of the public health system based on the system of financial and non-financial indicators will allow to form numerically an assessment of the effectiveness of investments in public health and draw conclusions about the resources' provision, level of development, accessibility and quality of public health.
The obtained results can be used in making effective public financial decisions, which allow to achieve an increase of accessibility and quality of health care, focusing on the human capital in conditions of knowledge economy.peer-reviewe
Methodological bases of an assessment of financial reliability and investment appeal of mutual funds
Π‘ΡΠ°ΡΡΡ ΠΏΠΎΡΠ²ΡΡΠ΅Π½Π° ΠΏΡΠΎΠ±Π»Π΅ΠΌΠ΅ Π²ΡΠ±ΠΎΡΠ° Π½Π°ΠΈΠ±ΠΎΠ»Π΅Π΅ ΡΡΡΠ΅ΠΊΡΠΈΠ²Π½ΠΎΠ³ΠΎ ΠΈΠ½Π²Π΅ΡΡΠΈΡΠΎΠ²Π°Π½ΠΈΡ Ρ ΡΡΠ΅ΡΠΎΠΌ Π½Π°Π΄Π΅ΠΆΠ½ΠΎΡΡΠΈ ΠΏΠ°Π΅Π²ΠΎΠ³ΠΎ ΠΈΠ½Π²Π΅ΡΡΠΈΡΠΈΠΎΠ½Π½ΠΎΠ³ΠΎ ΡΠΎΠ½Π΄Π°. ΠΠΊΡΡΠ°Π»ΡΠ½ΠΎΡΡΡ ΡΠ΅ΠΌΡ ΠΈΡΡΠ»Π΅Π΄ΠΎΠ²Π°Π½ΠΈΡ ΠΎΠ±ΡΡΠ»ΠΎΠ²Π»Π΅Π½Π° ΡΠ΅ΠΌ, ΡΡΠΎ ΠΊΠ²Π°Π»ΠΈΡΠΈΡΠΈΡΠΎΠ²Π°Π½Π½ΡΠΉ ΠΈΠ½Π²Π΅ΡΡΠΎΡ Π½Π° ΠΎΡΠ½ΠΎΠ²Π΅ Π½Π°ΡΡΠ½ΠΎ-ΠΎΠ±ΠΎΡΠ½ΠΎΠ²Π°Π½Π½ΠΎΠΉ ΠΌΠ΅ΡΠΎΠ΄ΠΈΠΊΠΈ ΠΎΡΠ΅Π½ΠΊΠΈ Π½Π°Π΄Π΅ΠΆΠ½ΠΎΡΡΠΈ ΠΠΠ€ΠΎΠ² Π±ΡΠ΄Π΅Ρ Π² Π±ΠΎΠ»ΡΡΠ΅ΠΉ ΡΡΠ΅ΠΏΠ΅Π½ΠΈ Π·Π°ΡΠΈΡΠ΅Π½ Π½Π° ΡΡΠ½ΠΊΠ΅ ΡΠ΅Π½Π½ΡΡ
Π±ΡΠΌΠ°Π³. Π‘ ΡΡΠ΅ΡΠΎΠΌ ΠΈΠ½ΡΠ΅Π³ΡΠ°Π»ΡΠ½ΠΎΠΉ ΠΎΡΠ΅Π½ΠΊΠΈ Π½Π°Π΄Π΅ΠΆΠ½ΠΎΡΡΠΈ ΠΠΠ€ΠΎΠ² ΠΈ ΠΎΠΏΡΠΈΠΌΠ°Π»ΡΠ½ΠΎΡΡΠΈ ΠΈΠ½Π²Π΅ΡΡΠΈΡΠΎΠ²Π°Π½ΠΈΡ ΠΈΠ½Π²Π΅ΡΡΠΎΡ ΡΠΌΠΎΠΆΠ΅Ρ ΠΈΡΠΏΠΎΠ»ΡΠ·ΠΎΠ²Π°ΡΡ Π±ΠΎΠ»Π΅Π΅ ΡΠΈΡΠΊΠΎΠ²Π°Π½Π½ΡΠ΅ ΡΠΈΠ½Π°Π½ΡΠΎΠ²ΡΠ΅ ΠΈΠ½ΡΡΡΡΠΌΠ΅Π½ΡΡ. ΠΠ²ΡΠΎΡΠ°ΠΌΠΈ ΠΏΡΠ΅Π΄Π»ΠΎΠΆΠ΅Π½Π° ΡΠΈΡΡΠ΅ΠΌΠ° ΠΏΠΎΠΊΠ°Π·Π°ΡΠ΅Π»Π΅ΠΉ ΠΎΡΠ΅Π½ΠΊΠΈ ΡΠΈΠ½Π°Π½ΡΠΎΠ²ΠΎΠΉ Π½Π°Π΄Π΅ΠΆΠ½ΠΎΡΡΠΈ ΠΠΠ€ΠΎΠ², ΠΎΡΡΠ°ΠΆΠ°ΡΡΠΈΡ
ΠΈΡ
ΠΏΠ»Π°ΡΠ΅ΠΆΠ΅ΡΠΏΠΎΡΠΎΠ±Π½ΠΎΡΡΡ, Π΄ΠΎΡ
ΠΎΠ΄Π½ΠΎΡΡΡ ΠΈ Π΄Π΅Π»ΠΎΠ²ΡΡ Π°ΠΊΡΠΈΠ²Π½ΠΎΡΡΡ, ΠΈ ΡΠ°ΡΡΡΠΈΡΡΠ²Π°Π΅ΠΌΡΡ
Π½Π° ΠΎΡΠ½ΠΎΠ²Π΅ ΡΡΡΠ΅ΡΡΠ²ΡΡΡΠ΅ΠΉ ΡΠΈΠ½Π°Π½ΡΠΎΠ²ΠΎΠΉ ΠΎΡΡΠ΅ΡΠ½ΠΎΡΡΠΈ ΠΠΠ€ΠΎΠ². Π’Π°ΠΊΠΆΠ΅ ΠΏΡΠ΅Π΄Π»ΠΎΠΆΠ΅Π½ ΡΠΏΠΎΡΠΎΠ± ΠΏΡΠ΅ΠΎΠ±ΡΠ°Π·ΠΎΠ²Π°Π½ΠΈΡ ΡΡΠΈΡ
ΠΏΠΎΠΊΠ°Π·Π°ΡΠ΅Π»Π΅ΠΉ Π΄Π»Ρ ΠΏΡΠΈΠ²Π΅Π΄Π΅Π½ΠΈΡ ΠΈΡ
ΠΊ ΠΎΠ΄Π½ΠΎΡΠΎΠ΄Π½ΠΎΠΌΡ ΡΡΠ°Π½Π΄Π°ΡΡΠΈΠ·ΠΈΡΠΎΠ²Π°Π½Π½ΠΎΠΌΡ Π²ΠΈΠ΄Ρ ΠΈ ΡΠ°Π·ΡΠ°Π±ΠΎΡΠ°Π½Π° ΠΌΠ΅ΡΠΎΠ΄ΠΈΠΊΠ° ΠΊΠΎΠΌΠΏΠ»Π΅ΠΊΡΠ½ΠΎΠΉ ΠΎΡΠ΅Π½ΠΊΠΈ ΡΠΈΠ½Π°Π½ΡΠΎΠ²ΠΎΠΉ Π½Π°Π΄Π΅ΠΆΠ½ΠΎΡΡΠΈ ΠΠΠ€ΠΎΠ² Π½Π° ΠΎΡΠ½ΠΎΠ²Π΅ ΡΠ²ΠΎΠ΄Π½ΠΎΠ³ΠΎ ΡΡΠ°Π½Π΄Π°ΡΡΠΈΠ·ΠΎΠ²Π°Π½Π½ΠΎΠ³ΠΎ ΠΏΠΎΠΊΠ°Π·Π°ΡΠ΅Π»Ρ. Π ΡΠ°Π±ΠΎΡΠ΅ Π²ΡΠΏΠΎΠ»Π½Π΅Π½Π° ΠΎΡΠ΅Π½ΠΊΠ° ΠΏΠΎΠΊΠ°Π·Π°ΡΠ΅Π»Π΅ΠΉ ΡΠΈΠ½Π°Π½ΡΠΎΠ²ΠΎΠΉ Π½Π°Π΄Π΅ΠΆΠ½ΠΎΡΡΠΈ ΠΠΠ€ΠΎΠ² Π½Π° ΠΏΡΠΈΠΌΠ΅ΡΠ΅ ΡΠΎΠ½Π΄ΠΎΠ² Π°ΠΊΡΠΈΠΉ ΠΈ ΠΎΠ±Π»ΠΈΠ³Π°ΡΠΈΠΉ. ΠΡΠΎΠΈΠ·Π²Π΅Π΄Π΅Π½Π° ΠΊΠ»Π°ΡΡΠΈΡΠΈΠΊΠ°ΡΠΈΡ ΠΠΠ€ΠΎΠ² Π½Π° ΠΎΡΠ½ΠΎΠ²Π΅ Π·Π½Π°ΡΠ΅Π½ΠΈΠΉ ΡΠΎΠ²ΠΎΠΊΡΠΏΠ½ΠΎΠ³ΠΎ ΡΡΠ°Π½Π΄Π°ΡΡΠΈΠ·ΠΈΡΠΎΠ²Π°Π½Π½ΠΎΠ³ΠΎ ΠΏΠΎΠΊΠ°Π·Π°ΡΠ΅Π»Ρ ΡΠΈΠ½Π°Π½ΡΠΎΠ²ΠΎΠΉ Π½Π°Π΄Π΅ΠΆΠ½ΠΎΡΡΠΈ. ΠΡΠΈΠΌΠ΅Π½Π΅Π½ΠΈΠ΅ ΠΌΠ΅ΡΠΎΠ΄ΠΈΠΊΠΈ ΠΎΡΠ΅Π½ΠΊΠΈ Π½Π°Π΄Π΅ΠΆΠ½ΠΎΡΡΠΈ ΠΠΠ€ΠΎΠ², Π΄ΠΎΠΏΠΎΠ»Π½Π΅Π½Π½ΠΎΠΉ Π°Π½Π°Π»ΠΈΠ·ΠΎΠΌ ΠΈΠ½Π²Π΅ΡΡΠΈΡΠΈΠΎΠ½Π½ΡΡ
ΠΏΠΎΠΊΠ°Π·Π°ΡΠ΅Π»Π΅ΠΉ, Ρ
Π°ΡΠ°ΠΊΡΠ΅ΡΠΈΠ·ΡΡΡΠΈΡ
ΡΠΈΡΠΊ, Π΄ΠΎΡ
ΠΎΠ΄Π½ΠΎΡΡΡ ΠΈ Π²Π·Π°ΠΈΠΌΠΎΡΠ²ΡΠ·Ρ ΠΠΠ€ΠΎΠ² Ρ ΡΠΎΠ½Π΄ΠΎΠ²ΡΠΌ ΡΡΠ½ΠΊΠΎΠΌ, ΠΏΠΎΠ·Π²ΠΎΠ»ΡΠ΅Ρ Π²ΡΡΠ²ΠΈΡΡ Π½Π°ΠΈΠ±ΠΎΠ»Π΅Π΅ ΡΡΡΠ΅ΠΊΡΠΈΠ²Π½ΡΠ΅ Π΄Π»Ρ ΠΈΠ½Π²Π΅ΡΡΠΈΡΠΎΠ²Π°Π½ΠΈΡ ΡΠΎΠ½Π΄Ρ. Π‘Π»Π΅Π΄ΡΠ΅Ρ ΡΠ°ΠΊΠΆΠ΅ ΡΡΠ΅ΡΡΡ, ΡΡΠΎ ΠΎΠ±ΡΠ»ΡΠΆΠΈΠ²Π°Π½ΠΈΠ΅ ΠΏΡΠΎΡΠ΅ΡΡΠΈΠΎΠ½Π°Π»ΡΠ½ΡΡ
ΠΈΠ½Π²Π΅ΡΡΠΎΡΠΎΠ² Π½Π° ΡΡΠ½ΠΊΠ΅ ΡΠ΅Π½Π½ΡΡ
Π±ΡΠΌΠ°Π³ Ρ ΡΡΠ΅ΡΠΎΠΌ ΠΊΠΎΠΌΠΏΠ»Π΅ΠΊΡΠ½ΠΎΠΉ ΠΎΡΠ΅Π½ΠΊΠΈ ΡΡΡΠ΅ΠΊΡΠΈΠ²Π½ΠΎΡΡΠΈ ΠΈΠ½Π²Π΅ΡΡΠΈΡΠΎΠ²Π°Π½ΠΈΡ ΠΈ Π½Π°Π΄Π΅ΠΆΠ½ΠΎΡΡΠΈ ΠΠΠ€ΠΎΠ², ΡΠΎΠ³Π»Π°ΡΠ½ΠΎ ΠΌΠΈΡΠΎΠ²ΠΎΠΉ ΠΏΡΠ°ΠΊΡΠΈΠΊΠ΅, ΠΎΠ±Ρ
ΠΎΠ΄ΠΈΡΡΡ Π΄Π΅ΡΠ΅Π²Π»Π΅.The article deals with the problem of choosing the most efficient investment in the view of the reliability of the unit investment fund. The relevance of the research topic stems from the fact that the qualified investor on the basis of evidence-based methodology for assessing the reliability of mutual funds will be more protected in the securities market. Given the integral evaluation of the reliability of mutual funds and investment optimality, the investor will be able to use more risky financial instruments. The authors propose a system of indicators to measure the financial strength of mutual funds, reflecting their solvency, profitability, and business activity, calculated on the basis of the existing financial statements of mutual funds. They suggest a method of converting these figures to a uniform standardized form and a method for comprehensive assessment of the financial strength of mutual funds on the basis of a standardized composite index. In the current work the authors provide the estimation of the financial reliability of mutual funds on the example of equity and bond funds. Mutual funds on the basis of the total value of standardized indicators of financial reliability are classified. The application of methodology for assessing the reliability of mutual funds, supplemented by an analysis of the investment indicators characterizing the risk, return, and correlation with the stock market mutual funds, allows to identify the most effective ones for investment funds. It should also be noted that professional investors service in the securities market based on a comprehensive assessment of the effectiveness and reliability of investing mutual funds, according to international practice, is cheaper