Title East Asia outperforms West in education Degree of recognition International Media name/outlet Korea Times Media type Country/Territory Korea, Republic of Date 17/07/13 Description The shortcoming of the current budget debates in Western countries is that they overlook the association between public spending for education and welfare in contrast to academic achievement.
Australia, the U.K. and the U.S. are reducing spending on the tertiary sector with implications on student recruitment and future research output. At the same time, Western countries often spend nearly half of their overall budget on social welfare.
East Asia, in contrast, spends more on education than the West, resulting in educational peak performance, and has substantially lower social welfare costs. What can the West learn from the East Asian approach?
East Asian nations such as China, South Korea and Singapore spend approximately 15-16 percent of their overall government expenses on education, although in realty, investment into education is higher when private tutoring expenses are included.
Producer/Author Chris Baumann URL www.koreatimes.co.kr/www/nation/2013/07/113_139444.html Persons Chris Baumann