Formation of an effective financial strategy in the field of art and culture in the financial crisis

Abstract

The state and prospects of better funding in arts and culture in Ukraine are considered. The aspects of the financial mechanism for implementing cultural policy are identified and appropriate ways of problems solutions, declared at the state level, are offered. The role of methods of state support for cultural institutions is investigated. The factors of manager_mepsistrative plan, which would adversely affect the finance industry, are defined. The result of this work is the suggestions for participation of additional financial resources in the field of art and culture on the basis of international experience. There are offered the ways for improving the financial and economic mechanism for implementing cultural policies, which should be done in three ways: in the form of irrevocable trust funding, preferential loans and through extrabudgetary state funds. Also the creation of the state target program of cultural development with the definition of a clear development strategy is proposed.