Monday, July 17, 2017

Trading Places

Researchers at Oxfam and Development Finance International have spent a year investigating 18 indicators across three policy areas that have a key impact on levels of inequality: taxation, social spending on sectors such as health, welfare and education, and labour rights.

Britain is ranked only 109th for the proportion of budget it spends on education – just below Kazakhstan and Cambodia. In 2014, the UK government spent 11.78% of its budget on education, while Zimbabwe, which came top, spent almost three times this amount. (As a benchmark, achievement of the UN’s sustainable development goals for education is calculated to require a 20% spend.)

You want to know where the US stands, don't you?

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