ANALYSIS OF THE STRUCTURE OF PUBLIC EXPENDITURES OF FOREIGN COUNTRIES

To form the expenditure part of the budget of the Donetsk People’s Republic, it is necessary to turn to foreign experience in order to identify patterns in the field of public finance and, on this basis, determine the possibility of adapting the approaches of other countries. The purpose of the article is to conduct a cluster analysis of the structure of budget expenditures of seven federal and seven unitary states. The comparative analysis of the structure of the countries’ budgets expenditures was carried out in a number of stages: first, the budget data of foreign countries for the period 2016—2020 were assessed, the similarities and differences in the structures of the countries’ budgets expenditures were determined; second, the public expenditures of foreign countries for each year of the study period were analyzed; third, a cluster analysis of the expenditure side of the country budgets, including public state functions using a statistical data analysis tool Statistica12 was conducted; fourthly, the fundamental differences in the composition and structure of the expenditure part of the budgets of the countries were revealed; fifthly, the possibility and the need to adapt individual achievements of the analyzed countries to the formation of public finances for the DNR in the current economic realities were determined. The conducted research allowed us to identify clusters that characterize the expenditure part of the budgets of the analyzed federal and unitary states, as well as groups of such countries based on the similarity of the structure of public budget expenditures. The results of the study are of interest to scientists and researchers, postgraduates, doctoral students and teachers of higher educational institutions who deal with public finance problems.

finance, public finance, public expenditures, national budget, cluster, cluster analysis, administrative-territorial structure, federal state, unitary state, state functions

Gradinarova A. A. Analysis of the structure of public expenditures of foreign countries. Business. Education. Law, 2023, no. 1, pp. 153—158. DOI: 10.25683/VOLBI.2023.62.564.