Conceptual Approaches to Improving the Functioning of Non-state Social Insurance Institutions in Ukraine
Journal: Economics & Sociology
Year: 2018

The influence of social expenditures and their structure on economic growth in the OECD countries for the years 1980-2015 was estimated. It was established that higher rates of economic growth are observed in the countries with the accumulative principle of financing of social expenditures (on average, for the investigated period 2.94% as compared to 1,87% in countries with distribution systems). It was determined that low level of profitability of investment activity (for the analyzed period -2