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In 2019, total expenditure on R&D was £38.5 billion. R&D investment has risen steadily over the past few decades, from £20.4 billion in 1986 to the current total of £38.5 billion, an increase of 96%. [65] England's research and development funding and incentives and business infrastructure help support an environment of technology innovation ...
This list shows the government spending on education of various countries and subnational areas by percent (%) of GDP (1989–2022). It does not include private expenditure on education. It does not include private expenditure on education.
Genuine progress indicator (GPI) is a metric that has been suggested to replace, or supplement, gross domestic product (GDP). [1] The GPI is designed to take fuller account of the well-being of a nation, only a part of which pertains to the size of the nation's economy, by incorporating environmental and social factors which are not measured by GDP.
Although for many decades, it was customary to focus on GDP and other measures of national income, there has been growing interest in developing broad measures of economic well-being. National and international approaches include the Beyond GDP programme developed by the European Union , the Better Lives Compendium of Indicators developed by ...
How the health of the economy is measured, and why the GDP calculation matters.
Education in the United Kingdom is a devolved matter, with each of the countries of the United Kingdom having separate systems under separate governments. The UK Government is responsible for England, whilst the Scottish Government, the Welsh Government and the Northern Ireland Executive are responsible for Scotland, [6] Wales [7] and Northern Ireland, respectively.
The gap, between those improving and those that are not, has been widening, and though some countries are seeing improved well-being, this does not always come hand-in-hand with increased GDP. Almost 40% of households are financially insecure; 12% of the population across the OECD live in relative income poverty
By arguing that "prosperity – in any meaningful sense of the word – transcends material concerns", [3] the book summarizes the evidence showing that, beyond a certain point, growth does not increase human well-being. Prosperity without Growth analyses the complex relationships between economic growth, environmental crises and social ...