World experience in evaluating the effectiveness of government support measures for the manufacturing industry

Abstract

The article examines the practice of foreign countries in the field of evaluating the effectiveness of state support measures for manufacturing entities in order to ensure the rational use of budget funds. In particular, the author examines the experience of evaluating the effectiveness of financial support programs in the context of countries such as the United States, Germany, France, and the United Kingdom. At the same time, the author considers the assessment of the effectiveness of measures of state support for subjects of the manufacturing industry, including through the prism of the interests of state audit and solving problems of effective management of public resources. In order to compare the world experience, the author conducted a methodological review based on the results of the experience of foreign countries according to their established approaches, standards, criteria for evaluating the effectiveness of state support measures in relation to manufacturing enterprises. The author, in accordance with the purpose of the study, formulated conclusions on improving the current system of state external audit and improving the efficiency of using public resources. Taking into account the conclusions, a set of recommendations has been formed in the field of improving both methods for evaluating the effectiveness of state support measures for manufacturing enterprises and approaches to organizing and conducting audit activities.