Features, PublicNet: 23 May, 2013
Measuring productivity in the public sector is extremely difficult and Ryan Bourne and Tim Knox explain why. They argue that means must be found for measuring and improving productivity to avoid an ever increasing tax burden.
It is a generally accepted fact that in the long run, what matters for prosperity is improvements in productivity driven by innovation. Taking steps to improve potential productivity growth as a means of raising the trend growth of the economy is thus an important rationale for meaningful supply-side reforms.