Why Should Spending on Social Policy Be Seen as an Investment

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The Answer is Spending on social policies should arguably be seen as an investment. Investing in broad-based education is good for entire economies because it leads to a better-educated workforce, and hence the potential for increasing productivity. The East Asian economic miracle was helped by a well-functioning education system. Similarly, public health is an essential condition for a healthy labour force and, therefore, for a vibrant economy. Public child care and maternity leave can encourage more mothers into the workforce, and thus is good for the economy as a whole.

Why Should Spending on Social Policy Be Seen as an Investment

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