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Tighter school budgets mean “you lose and lack in quality”, said Andreas Schleicher, boss of the PISA global education rankings.
His comments came amid growing concern among educationalists about school funding shortages in England.
In December, the National Audit Office warned that schools in England were facing real terms cuts and head teachers have been warning about having to cut school staff, governors have threatened to refuse to sign off budgets and grammar school leaders have said they might have to start charging parents.
Mr Schleicher, education director of the Organisation of Economic Co-operation and Development, which runs the PISA rankings, told the TES that in high performing education systems like China, parents and government prioritised spending on education children.
“They invest in the future,” he said. “The UK has already spent the money on consumption today, that’s where the debt crisis came from.
“It’s a value choice of societies to make. Education really is an important choice; that is the future.
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