Social spending boosts economic growth and welfare, benefiting younger generations most.
The article looks at how different types of government spending in Uganda affect people's well-being. They focus on spending that helps education and spending that improves roads and buildings. The study shows that investing in education can make the economy grow faster, especially when paid for with taxes on things people buy. Young people benefit the most from this kind of spending. People don't swap between investing in people and investing in things like roads. Making government spending more efficient can help both the economy and people's lives.