Author : International Monetary Fund. Fiscal Affairs Dept.
Publisher : International Monetary Fund
Page : 99 pages
File Size : 23,44 MB
Release : 2016-08-04
Category : Business & Economics
ISBN : 1498345778
Book Description
Government compensation and employment policies are important for the efficient delivery of public services which are crucial for the functioning of economies and the general prosperity of societies. On average, spending on the wage bill absorbs around one-fifth of total spending. Cross-country variation in wage spending reflects, in part, national choices about the government’s role in priority sectors, as well as variations in the level of economic development and resource constraints.