BERLIN, Oct. 5 (Xinhua) -- Germany is investing too little in education and infrastructure, with around 40 percent of governmental spending going into the country's welfare system, according to the Kiel Institute for the World Economy (IfW Kiel).
"Our analysis shows that in particular the investments in education and research that are necessary for a high standard of living play only a very minor role in Germany's budgetary policy," said IfW Kiel subsidy expert Claus-Friedrich Laaser on Wednesday.
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