Keyword: «subsidy»

This article analyzes some aspects of the establishment, functioning and development of business in the Republic of Korea. Special attention is paid to the confessional question as a factor that forms the cultural and value reference points of the state. The author contemplates relationship of cultural values and business potential of the population of the Republic of Korea. Subsequently, modern legislation regulating small and medium businesses is analyzed. In addition, this article examines in detail the nature of social free enterprise and the experience of the Republic of Korea in its legal policy and application of development tools for this sector of the economy.

The spread of poverty, the decline in the standard of living and the well-being of the population is the main problem of sustainable socio-economic development of Russian regions. Trends towards decreasing real incomes, average size of pensions and social benefits to families with children still persist in Russia. The risk group includes low-income families with children, families with disabled children, poor people, and pensioners. The current situation in the country brings with it risks of social instability at the regional and municipal levels. The sustainable development of territories should provide the achievement of social development goals, ensuring the growth of the well-being of the population.

The principle of the effectiveness of the budget funds distribution and use is written down in the budget code. The purpose of the article is to analyze the effectiveness of budget expenditures in the implementation of infrastructure projects. In the course of the analysis, the authors reveal low efficiency of the distribution and use of budget funds and offer the ways to improve the situation.