The estimate of the annual efficiency savings required to close the expenditure gap by 2025 is defined as the difference between the growth rates of the demand-driven projection and of the current trajectory for public service delivery expenditure in the period 2010 to 2025.The research also compared labour-productivity growth for the public- and private-services sectors in eight of the countries (where the information was publicly available). Labour productivity is defined as the value added contribution to an economy per given labour input (i.e. employment).
Future Demand For Public Services, Driven By An Aging Population, Will Cost The Canadian Government An Additional $93 Billion(1) By 2025, According To New Accenture Report
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