Which national education systems deliver the best value for money? Peter Dolton and colleagues rank 30 of the world?s richest countries based on their expenditure on teacher costs (which account for 80% of education budgets) and the pupil outcomes they achieve. Finland, South Korea and the Czech Republic come out top of the list.

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19 January 2015     Paper Number CEPCP441

Download PDF - Educational efficiency: value for money in public spending on schools

This CentrePiece article is published under the centre's Education programme.