ANALYSIS OF FUNCTIONING OF SOCIAL POLICY INSTITUTIONS IN UKRAINE

Abstract

Abstract. The article investigates the essence and analyzes the problems of functioning of social policy institutions of the state. It is established that social policy institutions are an important element of a socially oriented state and allow to support at a high standard of living of its citizens. The term «social institute» denotes a diverse range of phenomena and processes in society. The totality of all available social institutions characterizes the way public life is organized as a whole. The emergence of social institutions is the result of the needs of social practice. Based on the analysis of the relevant legal framework, the periodization of the development of social policy institutions in Ukraine was carried out. The results of the analysis made it possible to conclude that a complex system of social institutions has been formed in our country, providing support for the individual in many spheres. But despite their existence in Ukraine, quality and efficiency issues remain. The analysis of the financial support of social institutions in some countries of the world and in Ukraine by the results of 2018 showed that this area is extremely underfunded in Ukraine in comparison with other countries of the world. An in-depth review of the problems of functioning of social policy institutions was conducted on the basis of the analysis of social institutions in the sphere of material remuneration of workers in the labor market, as well as the social security of pensioners. It is concluded that the pace of improvement of social standards in Ukraine does not meet the conditions and requirements of today, when for the period from 2014 to 2019 the cost of living has increased more than 3 times without a corresponding increase in funding of social policy institutions. Thus, recent events in Ukraine have adversely affected the level of financial support for the functioning of social policy institutions of Ukraine. Further scientific exploration should be undertaken to find ways of developing social policy institutions in Ukraine and to increase their effectiveness by building on the best practices of developed countries. Keywords: social policy, social institute, minimum wage, pension, social standards, social expenditures. Formulas: 0; fig.: 2; tabl.: 3; bibl.: 11.