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The Study Of The World Experience In The Direction Of Increasing The Efficiency Of The State's Social Expenditures: The Case Of The Usa And Finland

Author

Listed:
  • Aygun Tahmazli

    (Ministry of Science and Education, Institute of Economics, research worker, doctoral student, UNEC "SABAH" center)

Abstract

In the article, for this purpose, in the countries that are part of several Economic Cooperation and Development Organizations, in recent years, the total expenses incurred on health care, education and social protection and social security, as well as the specific weight of state expenses in GDP, have been comparatively analyzed and the current situation has been expressed based on the analysis. Also, in order to evaluate the efficiency of health and education costs, the relationship between these expenditures and key indicators was evaluated by correlation analysis. The result of the analysis showed that there is a positive linear relationship between healthcare spendings and life expectancy at birth, and between education costs and PISA assessment (including mathematics, reading and science). In addition, 2 liberal and social developed countries (USA and Finland) were selected from among these countries and their healthcare, education and social security systems were examined.

Suggested Citation

  • Aygun Tahmazli, 2023. "The Study Of The World Experience In The Direction Of Increasing The Efficiency Of The State's Social Expenditures: The Case Of The Usa And Finland," The Scientific-Analytical Journal "Economic Reforms", Center for Analysis of Economic Reforms and Communication of the Republic of Azerbaijan, vol. 2023(4), pages 41-53, January.
    • Handle: RePEc:azr:reform:v:2023:y:2023:i:4:p:41-53
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    More about this item

    Keywords

    health; education; social protection and social security; OECD; efficiency of social spending; socio-economic development;
    All these keywords.

    JEL classification:

    • H51 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Health
    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs

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