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Education spending of countries and subnational areas by % of GDP Location % of GDP Year Source Marshall Islands: 15.8 2019 [1] Cuba: 11.5 2020 [2] Micronesia: 10.5 2020 [2] Kiribati: 15.6 2021 [2] Somaliland: 9.6 2021 [1] Djibouti: 8.4 2012 [1] Namibia: 8.4 2012 [1] Norway: 8.0 2016 [1] Botswana: 7.8 2012 [1] Sweden: 7.7 2016 [2] Denmark: 7.6 ...
Education economics or the economics of education is the study of economic issues relating to education, including the demand for education, the financing and provision of education, and the comparative efficiency of various educational programs and policies. From early works on the relationship between schooling and labor market outcomes for ...
Education in Germany is primarily the responsibility of individual German states (Länder), with the federal government only playing a minor role. While kindergarten (nursery school) is optional, formal education is compulsory for all children ages 6 to 15. [ 1 ]
Germany's government said Wednesday that its economy, Europe's biggest, is on track to shrink for a second consecutive year — underlining the unpopular administration's troubles as it heads into ...
For most of this century, Germany racked up one economic success after another, dominating global markets for high-end products like luxury cars and industrial machinery, selling so much to the ...
Germany is the only major economy expected to shrink this year, according to the International Monetary Fund, which foresees a decline of 0.5%. Meanwhile, the closely watched Ifo institute survey ...
The dual purpose of economic productivity and ideological conformity was a cornerstone of the GDR’s vision for a socialist society. In the long run, the childcare system left a mixed legacy. Scientific studies have found no significant correlation between prolonged separation from family and mental health issues in adulthood. [10]
The German economic crisis is a significant downturn of Germany's economy that marked a dramatic reversal of its previous "labour market miracle" period of 2005–2019. The country, which had been considered to be Europe's economic powerhouse in prior decades, became the worst-performing major economy globally in 2023 with a 0.3% contraction, followed by minimal growth in 2024 leaning on ...