Monday, September 3, 2012
Health R&D spending for major Western countries
appears to have slowed, while emerging market economies China and South Korea
continue to accelerate investment, and has Japan. Flat growth in the U.S. looks
even worse when adjusted for inflation (see "Facing Reality," A5).
In Germany and France, two of the largest economies in Europe, the average
annual growth rate in government budget appropriations or outlays for R&D