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Total net social spending in terms of percent of GDP, takes into account public and private social expenditure, and also includes the effect of direct taxes (income tax and social security contributions), indirect taxation of consumption on cash benefits, as well as tax breaks for social purposes.
List of countries by total health expenditure by type of financing. This is a list of OECD nations, and a few other nations tracked by the OECD iLibrary, and their health expenditure by type of financing.[2] Public health expenditure consists of recurrent and capital spending from government (central and local) budgets, external borrowings and ...
Welfare spending. Welfare spending is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. [1] Social security may either be synonymous with welfare, [a] or refer specifically to social insurance programs which provide support only to those who have previously contributed ...
Welfare in America. The United States spends approximately $2.3 trillion on federal and state social programs including cash assistance, health insurance, food assistance, housing subsidies, energy and utilities subsidies, and education and childcare assistance. Similar benefits are sometimes provided by the private sector either through policy ...
List of countries by government budget per capita. This list shows the government budget of each country divided by its total population, not adjusted to purchasing power parity. It is based on data from the 2018 CIA World Factbook. [1][2] The Chinese, Brazilian, Indian, and United States government budgets used are the figures reported by the ...
Corporate welfare. Corporate welfare refers to government financial assistance, subsidies, tax breaks, or other favorable policies provided to private businesses or specific industries, ostensibly to promote economic growth, job creation, or other public benefits. This support can take various forms, including tax credits, tax deductions, tax ...
t. e. Government spending or expenditure includes all government consumption, investment, and transfer payments. [1][2] In national income accounting, the acquisition by governments of goods and services for current use, to directly satisfy the individual or collective needs of the community, is classed as government final consumption expenditure.
The Organisation for Economic Co-operation and Development (OECD; French: Organisation de coopération et de développement économiques, OCDE) is an intergovernmental organization with 38 member countries, [ 1 ][ 4 ] founded in 1961 to stimulate economic progress and world trade. It is a forum whose member countries describe themselves as ...