Demography and social economy, 2016, 3(28):108-119
doi: https://doi.org/10.15407/dse2016.03.108

A.G. Gvelesiani
PhD (Economics), Leading Researcher
Ptoukha Institute for Demography and Social Studies
of the National Academy of Sciences of Ukraine
01032, Ukraine, Kyiv, blvd. Taras Shevchenkо, 60
E-mail: gvelana@ukr.net

INVESTMENT CONDITIONS OF REGIONAL DEVELOPMENT OF SOCIAL INFRASTRUCTURE
Section: HUMAN DEVELOPMENT AND SOCIAL PROBLEMS
Language: Ukrainian
Abstract: The degree of social and economic progress in society, quality of life and meeting population’s needs in social services are largely determined by the status of social infrastructure, accessibility and quality of services provided on this resource base. In the article the actual problems of investment into social infrastructure in Ukraine are analyzed. The current state of social facilities, its slow modernization, and accumulation of obsolete and outdated assets reduce the effectiveness of the social sector in Ukraine and cannot provide qualitative and opportune services to the population. The current situation in social infrastructure investment is caused by the lack of financial, material and technical resources and the absence of an effective mechanism for the formation and distribution of public funds. The main tendencies and characteristics of social infrastructure investment in Ukraine in 2001–2015 were specified; dynamics of the number of commissioning of social facilities were analyzed. The regional differentiation of investment conditions of social infrastructure was estimated and significant territorial disparities in the distribution of capital investment was identified, that leads to an increase in regional differences in the availability and affordability of social infrastructure facilities. Considering limited state budget, a mechanism of stimulation of investment in social infrastructure should be developed which uses regional features and attracts more private investment. forms of cooperation between state, local government and the corporate sector to attract investment resources for development of social infrastructure were considered. The empirical base of the study is statistics from investments and fixed assets of the State Statistics Service of Ukraine.
Key words: social infrastructure, investments, investment process, fixed assets, capital assets, health and educational institutions.
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