On state investments in the humanitarian sector of economy

Abstract

A theoretical and methodological substantiation of a fundamentally new approach and the corresponding method of determining the volume of public investment to producers of patronized goods in the humanitarian sector are presented. It is based on an assessment of the income deficit of these organizations, taking into consideration the objective economic laws that determine the conditions of their activities, and social norms, established by the state. As social norms, the level of purchasing power of consumers of patronized goods (through the mechanism of prices for these goods and services) and workers of organizations of the humanitarian sector of the economy (through the mechanism of payment for their labor) are considered. Testing of the proposed model showed that the amount of actual budget subsidies to organizations of the humanitarian sector turned out to be significantly lower than their model value and was clearly insufficient, thereby causing undesirable processes of commercialization, accompanied by a superinflationary increase in prices for patronized goods and by. a decrease in their availability for the population.