Abstract

A literary analysis of economic issues of financing education by the state, in accordance with international law and globalization of the world economy in order to implement the right to quality education is presented. A conceptual analysis of the system of improving the financing of educational institutions in Ukraine, in particular the specifics and various mechanisms for raising funds and international cooperation of developing countries with developed countries and international programs has been conducted. In addition, the results of international assistance to Ukraine, including financial assistance at the level of general education – international charitable assistance in the form of an international project "House of Europe", within the international programs "Erasmus +" and "European Solidarity Corps" are analyzed. The international program "House of Europe" is presented, which supports creative cooperation between Ukrainian organizations, educational institutions and their partners from the EU and the UK, finances the development of cultural infrastructure and educational programs for young people. Also presented is the Erasmus + Program (2021–2027), an EU program to support and develop education, training, youth and sport in Europe. The program focuses on the social integration of young people, the environmental and digital development of developing countries, and the participation of young people in democratic life.
 According to the results of joint activities within the international program / project "House of Europe", the international program "Erasmus" and the European Solidarity Corps, the most defined criteria for the quality of general secondary education are identified, namely: objective assessments of educational institutions - student performance tests, the probability of successful entry into prestigious colleges and universities after graduating from primary and secondary school; as well as subjective assessments - attendance of classes, received assessments (success), students' interest in certain training courses / programs, taught in an educational institution.
 Statistics on the activities of the "ESC Summary" / European Solidarity Corps and "Erasmus +" for 2019–2020 according to the reporting "ESC Summary" / European Solidarity Corps and "Erasmus +" are presented

Highlights

  • Globalization is an objective and comprehensive process that is characteristic of the modern development of the world economy

  • The analysis of problems of development of financial systems of developing countries in terms of features and contradictions of modern globalization processes is conducted by experts of the UNIAN News Agency [7], the European Central Bank for Reconstruction and Development of Southern and Eastern Europe (BGCEE) [8], relevant statistical and scientific publications [9, 10] are developed and funded by international funding programs for developing countries – the International House of Europe Program [11] and the Erasmus + International Program [12]; foreign financial experts [13, 14]

  • There is no clear mechanism for the interaction of state and international financial assistance to general secondary education institutions in Ukraine

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Summary

Introduction

Globalization is an objective and comprehensive process that is characteristic of the modern development of the world economy. 2. Literary review The realization of the right to education presupposes sufficient financing of education by the state, which, in accordance with international law, is obliged to use the maximum of its available resources in order to exercise this right. Literary review The realization of the right to education presupposes sufficient financing of education by the state, which, in accordance with international law, is obliged to use the maximum of its available resources in order to exercise this right This provision is enshrined in Article 78 of the Law of Ukraine "On Education", which states that the state provides allocations for education in the amount of not less than 7 % of gross domestic product from state, local budgets and other sources of funding, not prohibited by law.

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