3 ms·
Yes, but the gap has been around since the 50s and was mostly born from Britain squandering their Marshall Plan aid playing at empire (instead of reconstruction
by lainga 8y ago
Yes, but the gap has been around since the 50s and was mostly born from Britain squandering their Marshall Plan aid playing at empire (instead of reconstruction) between 1948 and the Suez Crisis.
- abainbridge 8y agoI think today it has more to do with the UK having low tax as a percentage of GDP, and therefore has less money to spend on infrastructure. Here's how the UK ranks compared to other European countries: Norway 54.8%, Finland 54.2%, Denmark 50.8%, Sweden 49.8%, Belgium 47.9%, France 47.9%, Germany 44.5%, Italy 43.5%, Austria 42.7%, Bosnia and Herzegovina 41.2%, Iceland 40.4%, Netherlands 39.8%, Slovenia 39.3%, Cyprus 39.2%, Hungary 39.1%, Greece 39.0%, Spain 37.3%, Portugal 37.0%, Croatia 36.7%, Luxembourg 36.5%, Czech Republic 36.3%, Malta 35.2%, UK 34.4%. Source: https://en.wikipedia.org/wiki/List_of_countries_by_tax_revenue_to_GDP_ratio https://en.wikipedia.org/wiki/List_of_countries_by_tax_reven...