  . 
  

  -


 : 
          ,        , ,       .






..-, ..

  . 


             , 2018


* * *







      15-20     ,    .   ,        .                    .      ,          . ,            ,     .          ,  ,         ,   .

     ,         ,     .  ,  ,     ,        ,    ,     .

      ,       .    ,     ,    ;            ,    ,      .       ,   ,         ,  ,     ,         .

             11  ,   .            ,      .          9 ,       .        ,    ,        ,       .

        ,      ,     -,     .

       .      ,         , .           ,        2024.       2035.        ,    ,      ,  ,      .                      ,        , ,        ,   (, )    ,  .




1.   



          ,      .         ,          .    ,      ,     ,      ,        .          ,       .      ,       ,   ,       .




1.1.     [1 -    ,   ,     ,     50%  .           50% ,        .      ,   ,       .   ,      ,   66%     .].   


    ,        ,           (      ).         (    )   .    ,         ,   ,   ,   ,     (,        ).  ,     ,            .           ,               , ,    ,      .

          ,       ,      ,   .    ,     ,     ,     ,  65%:    82%,   96%, 蠖 94%, 蠖 76% (        [2 -    , , 2016.]),  80%,  75% (       ,        3- ).




1.2.   


        :              ( ),         ,    (     % Ϡ  :   14,0%,  13,1%, 蠖 9,2%,  8,1%;  :  7,7%,  7,5%,  6,5%,  6,1%,  5,6%,  5,5%; ࠖ 5,4%,  5,4%[3 -   . ., 2015.]).          ,    ,    . ,        (  )  2013-2017.  40. . ,     堖 60. .    (. 1).



 1.         ()  , . 






         ,   ,     ,     .        ,       ,     - (  ),           (䠖 35,9 .  23,9 .,    21,4  21,0 .[4 - : U. S. and Canadian Institutions Listed by Fiscal Year 2014 Endowment Market Value and Change in Endowment Market Value from FY2003 to FY2014. NACUBO, 2014]);   ,    (䠖 4,2,  5,5 ).            - (),              .          ,        .               .




1.3.  


            ( ,    ),              (       ),   頖    ,     , ,      ,     .         40-50%     .




1.4.     


       25-30                .    ,   ,          ,   頖            ,    ,      .              ,        (  ,  ,   ),       .              ,       .       ,     ,              ,  ,     .      25-30%     .




1.5.       


         200 ,            50 .       ,   ,        .                 ,     ,        ,                .   2020- .     ,         ,       ,   ( 5,5   10-12 ),           .            -,                 .               (  ,  ,   ).  ,         ,       ()         ,   ,     .    2050.     ()         ,              .      ,        200  500  .     ,     ,         .




2.   





2.1.     


  25           ,    ,    .       ,  .     ,      ,      ,              ,        80%  11   (   25%  1990.).   ,    2009.,         ,       ( 2016.     -    7,5%          ,          1,5%,         3,5%  16,5%[5 -    ,    ,  2009.      .]




  .


   .

   ,     (https://www.litres.ru/s-g-sinelnikov-murylev/strategiya-dlya-rossii-obrazovanie/)  .

      Visa, MasterCard, Maestro,    ,   ,     ,  PayPal, WebMoney, ., QIWI ,       .



notes








1


   ,   ,     ,     50%  .           50% ,        .      ,   ,       .   ,      ,   66%     .




2


   , , 2016.




3


  . ., 2015.




4


: U. S. and Canadian Institutions Listed by Fiscal Year 2014 Endowment Market Value and Change in Endowment Market Value from FY2003 to FY2014. NACUBO, 2014




5


   ,    ,  2009.      .


