🎓 +20% Norwegian Higher Ed Spend. Japan's Nuclear Energy Consumption. South Korea's Health Spend.

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Today's Topics

🎓 Higher Education. Norway's higher ed spend up 20%
⚛️ Nuclear Energy. >80% drop in Japan's nuclear energy consumption
💰 Health Expenditure. South Korea’s health spend rose to 10% of GDP

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🎓 Norway's Higher Ed Spend Up 20%

Norway's higher education expenditure rose from 43B NOK in 2015 to 53B NOK in 2019, marking a 23% increase. Guided by the Norwegian Ministry of Education's strategic initiatives and the Digital Transformation Policy, this growth supports research development, digital integration, and reducing performance gaps. These investments align with goals towards ensuring an inclusive and equitable education system. Norway ranks among OECD leaders in per capita educational spending.

⚛️ >80% Drop in Japan's Nuclear Energy Consumption

Japan's nuclear energy consumption fell sharply from 3.26 exajoules in 1998 to 0.47 exajoules in 2022, an 85% decrease, largely due to the 2011 Fukushima disaster. Despite reactor restarts after 2015, nuclear power contributed only 2.6% of total energy in 2022. The 5th Strategic Energy Plan targets nuclear's share at 20-22% by 2030, alongside renewable energy growth, with a focus on safety and extending reactor lifespans amid energy security challenges.

💰 South Korea's Health Spend Rose to 10% of GDP

South Korea's health expenditure as a share of GDP rose from 3.9% in 2000 to 9.7% in 2022. This growth highlights the government's focus on improving healthcare, driven by demographic shifts. Key initiatives include Health Plan 2030 and the Eighth Public Engagement Roundtable, which aim to enhance healthcare access, support Universal Health Coverage, and strengthen local healthcare systems through reforms and expanded services.

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