The decision by NATO members on Wednesday to spend five percent of their GDP on defence could shift budget priorities.

The findings align with economic theories that emphasize path dependency and the long-term nature of knowledge-driven growth.

Uganda spends just 2.7% of its GDP on education, compared to an East African average of 4.2%, and a global benchmark of 4–6 % ...

One more year of schooling contributes 0.4-0.6 percentage points to per capia growth annually, as per World Bank ...

The ideal vs the NZ situation. In terms of per capita GDP Singapore leads the world (2023 figures) at US$141,553. NZ is 43rd at $53,481. Bruce Cotterill has a very good piece in the NZH last week on ...

THE HAGUE -- Member states of the North Atlantic Treaty Organization (NATO) have agreed to raise their defense spending to 5 percent of gross domestic product (GDP) annually by 2035, according to a ...

Prime Minister Sir Keir Starmer has pledged to meet a new Nato target to spend 5% of the UK's GDP on national security by 2035. At a Nato summit in the Netherlands, 32 member countries including the ...