Ancien régime Europe certainly spent heavily on its armies and navies, and their use in war accounted for some 54 per cent of public spending in the European monarchies during the eighteenth century.

Spurred by private sector confidence in a growing and profitable health care market, the United States has favored investments in health care over social services. According to the numbers, this inequity may result in poorer health than might be attained by recalibrating the balance of health and social spending.

In magnitudes that Argentines could only dream of, the U.S. government has been spending more than it raises in taxes, and American consumers and businesses have been importing more goods than they have been exporting, with borrowing from foreigners covering much of the gaps. The record budget deficit of about $413 billion for 2004, and the record

Deux postes particulièrement importants sont en forte croissance. Le poste vieillesse-survie, qui comprend principalement le versement des pensions de retraite (de base et complémentaires), est passé de 5,1 % du PIB en 1959 à 14,5 % en 2018. Ce poste est particulièrement dynamique, en raison des départs des classes d’âge nombreuses des baby-boomers

Brazil’s public sector is large relative to the size of its economy. Public spending was relatively small at the end of the military dictatorship, but grew substantially over the next few decades, rising from 11.4 per cent of GDP in 1970, to 35.3 per cent in 2000, and to 40.4 per cent at the end of Lula’s period in office. It has been cut back a li