THE STRUCTURAL ANALYSIS OF THE INVESTMENT MECHANISMS OFTHE PUBLIC POLICYINTHE SOCIAL DEVELOPMENT

Abstract

INTRODUCTION According to Art. 1 of the Ukrainian Constitution, Ukraine is a social state. Prioritized principles of such a state include the public welfare and development. In general, the level of the population wellbeing is determined by the volume and structure of the consumption, the totality of the current incomes and savings, the provision of the living conditions etc. It serves as one of the important characteristics of theliving conditions for the population and its social protection. The studies show the close link between the social development tothe growth rates and social protection strategies. According to Art.11 of the Law of Ukraine dated 1 July 2010 No. 2411-VI “On the Foundations of Domestic and Foreign Policy”, it is determined that one of the main tasks of the state policy is to ensure the improvement of the people well-beingwith a focus onthe full economic development and integration of the Ukrainian economy into the world economic system. Thus, raising the level of the social development is an urgent task of both economic and social policy of the Ukrainian state. It actualizes the need to understand the issues of the formation, application and evaluation of the investment mechanisms effectiveness inthe public policy by ensuring the social development.