How money was spent is way more important than how much money was spent
August 6
How money is spent is more important than how much money is spent. The US spends 18 per cent of GDP while Singapore spends only 4 per cent on healthcare, but the health indices are almost the same. Senior Fellow Brookings Institution Washington DC Prof. Shamika Ravi said this in her lecture on ‘The Promise of Social Enterprises in Indian Growth and Development’ in the lecture series ‘Effective Change-Sustainable Results’ at Atal Behari Vajpayee Institute of Good Governance and Policy Analysis.