ECONOMIC MECHANISMS FOR ENHANCING DECISION-MAKING EFFICIENCY IN PUBLIC ADMINISTRATION OF SOCIAL POLICY: RESOURCE ALLOCATION, PERFORMANCE ANALYSIS, AND SOCIAL WELFARE OUTCOMES
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Abstract:
Social welfare constitutes one of the central concerns of economic science, particularly within the fields of welfare economics, public finance, and public sector economics. Governments intervene in economic and social processes primarily to correct market failures, reduce inequality, and improve the overall well-being of society. In this context, social policy serves as a key instrument through which the state seeks to influence social welfare outcomes. However, the effectiveness of social policy depends not only on political priorities or the scale of public expenditure, but critically on the efficiency of decision-making processes within public administration.
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