Cgia, Italy spends less and less education, more and more … – Fanpage

Europe is more and more “old” is forced to spend larger shares of GDP in smaller pensions and nell’istruzioni. However, no country has a greater imbalance in terms of our public investment in education and pensions. In Italy, in fact, the pension expenditure is four times higher than in education. In our country, as revealed by the CGIA Mestre, there is pension spending highest in Europe, at 16.8% of GDP, ie a little less than 270 billion euro per year. Conversely public investment in schools is equivalent to 4.1% of GDP. Exactly, pensions employ four times the percentage of GDP used for education, against a European average of 2.6 times, 2.7 times and 2.5 times in France in Germany.

The imbalance is a consequence of low birth rates, but not only. Giuseppe Bortolussi, secretary of Cgia, admitted that “the data relating to Italy are in part conditioned by the demographic trend. However – even the exact number one association – we can not deny that spending policies implemented over the last forty years They have preferred, in terms macroeconomci, the past, namely the elderly, rather than the future, ie young people. ” In support of this analysis involved the numbers presented by the CGIA Mestre.

The largest investment in the past is shown by a pension expenditure that between 2003 and 2013 has increased by four percentage points, bringing it to just 16.8% of GDP. An expense burden on Italian banks, despite the number of pensioners is comparable to that of France and Germany. In Italy there are in fact 16.5 million pensioners (27.5% of the population according to data of 2013), in France 18.4 million (27.8%) and in Germany 23.5 million (29%) . Pesa, however, the ratio of pensioners to employees: in Italy is 74.3%, France 72.4%, Germany 61.6%, while the European average is 63.8%.

The investment in the future continues to shrink . From 2003 to 2013, spending on education has fallen by 0.5% and in Europe “worse” has made only Estonia, which has cut public investment by 0.6%. If Italy spends 4.1% of GDP (65.5 billion euro per year), Spain save even more stopping at 4%. But according to data from Cgia the European country which has the largest gap between spending in pensions and education spending is our own.