🎓 France's Student Budget Down 11%. 23TWh Nuclear Power Underutilized. +50% Peruvian Health Spend.
Chart of the Day #191 looks at Education Expenditure, Nuclear Energy, and Health Expenditure
Kia ora 🥝
The US has secured a $1.5B loan to restart the Palisades nuclear plant in Michigan, marking the first reactor restart in US history. Huawei launched the Medical Technology Digitalization 2.0 Solution, enhancing image analysis accuracy to 98% and reducing diagnosis times by 40%.
Today's Topics
🏫 Education Expenditure. 11% drop in France's per-student spend in higher ed
⚛️ Nuclear Energy. 23TWh of China's nuclear power underutilized
💰 Health Expenditure. 50% growth in Peru’s health spend
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🏫 11% Drop in France's Per-Student Spend in Higher Ed
France's average state spending per student in higher education rose from €9K in 1980 to €11K in 2021, peaking at €13K in 2009. This reflects increased government investment in educational quality and access, though post-2010, economic adjustments led to a gradual decline in spending, highlighting the balance between fiscal challenges and educational priorities.
⚛️ 23TWh of China's Nuclear Power Underutilized
China's nuclear energy production grew from 70TWh in 2009 to 366TWh in 2020, with grid-connected capacity increasing from 66TWh to 342TWh. This expansion reflects China's strategic aim to diversify its energy mix and meet climate goals. As of 2023, with 55 reactors operational, China ranks third globally in nuclear power generation, supporting its pledge to achieve carbon neutrality by 2060.
💰 50% Growth in Peru’s Health Spend
Peru's healthcare expenditure rose significantly from 5.5B soles in 2007 to 30B soles in 2021. Public spending increased markedly, while private expenditure grew from 5.2B soles to 17B soles. Reports indicate that up to 52% of primary healthcare centers lack adequate medical professionals. This trend indicates a strong commitment to address the deficits in healthcare infrastructure and services within the system.
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