Uman National University | today: 06/19/2025
| Author(s) |
Prokopchuk O.T., Candidate of Economics, , Uman National University of Horticulture, Ukraine Соколюк С. Ю., , , Бондаренко Н. В., , , Ulyanych Y.V., Candidate of Economics, , Uman National University of Horticulture, Ukraine |
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| Category | Economics | ||
| year | 2025 | issue | Випуск 106 Частина 2 |
| pages | 291-304 | index UDK | 364.6 | DOI | 10.32782/2415-8240-2025-106-2-291-304 (Link) |
| Abstract | Ukraine's current social service system is undergoing a transformation driven by both internal socio-economic challenges and external factors of globalization. Ensuring an adequate level of social protection is one of the priorities of state policy, as it directly affects the quality of life and social stability in society. In this regard, the study of financial instruments and models used in the field of social services is of particular relevance. Effective financing of social programs, search for innovative approaches to attracting resources, and development of public-private partnerships all form the basis for building a modern and sustainable social infrastructure. In the face of growing challenges, the study of financial mechanisms and models used in the social sector of Ukraine is of particular importance. Rational use of financial resources, attraction of additional investments, intensification of public-private partnerships and expansion of international support are the key to improving the efficiency and accessibility of social services for the population. In 2023, Ukraine spent 12.4 % of its projected GDP on the social sector, which indicates that the state policy is focused on supporting low-income families, people with disabilities, internally displaced persons, and other categories of citizens. Global practice shows that effective financing of the social sphere is based on stable sources of funding, sound public policy and active involvement of insurance and private mechanisms. The study of financial instruments and models of social services in Ukraine shows that the social sphere remains a priority area of state policy, especially in the context of aggravating socio-economic challenges and war. It is determined that the social security system is based on multi-channel financing – a combination of state, local, insurance, international and charitable sources. The dynamics of budget expenditures indicates an increase in funding for key areas of social policy, including health care, education, social protection, and housing and communal services. Most resources are directed to support low-income groups, internally displaced persons, and persons with disabilities, but some categories require increased attention and additional financial support. The experience of developed countries confirms the effectiveness of combining budget financing with social insurance and private sources. To improve the effectiveness of social services in Ukraine, it is advisable to intensify public-private partnerships, improve the mechanisms for allocating funds, and expand digital services in the field of social policy. Thus, further improvement of financial models and mechanisms of social services is the key to ensuring the accessibility and quality of social services for the population, especially in the difficult conditions of modern challenges. | ||
| Key words | social services, financial instruments, budget financing, social services, social protection, social policy, financing models, social guarantees | ||