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Society at a Glance: Asia/Pacific 2014

image of Society at a Glance: Asia/Pacific 2014

This is the third edition of Society at a Glance Asia/Pacific, a regularly updated OECD overview of social indicators, which addresses the growing demand for quantitative evidence on social well-being and its trends. This report starts with an introductory chapter providing a guide to help readers understanding the OECD Social Indicator framework. Chapters 2 and three are special thematic chapters to address two increasingly topical issues in the social debate: Gender Equality in Education, Employment and Entrepreneurship and Social Protection Expenditure.

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Education spending

Public spending on education reflects society’s investment in children to equip them with fundamental social and economic skills needed to be self-sufficient in life. Investing in education reduces poverty and boosts economic growth through human capital development, and is most efficient, in terms of long-term costs and benefits to society, and effective, in terms of human capital development, when investment starts during the early years and continues throughout childhood (see Early childhood education and care).

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