What is the Impact of the Economic Crisis on Public Education Spending?
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The aftermath of the 2008 financial crisis has meant a significant number of countries have cut public spending on education. Despite GDP rising in most OECD countries between 2009 and 2010, public expenditure on educational institutions fell in one-third of them. Teachers’ salaries were either frozen or cut between 2009 and 2011 in 12 out of the...
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