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The Treasury believes that "smarter government" – computerising claims for child benefit, shifting civil servants out of London, and scaling back government IT projects, for example – can help to save billions of pounds.
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The president of the Business Council, Daniel Walsh, said the statistics showed that the state was "moving in the wrong direction compared to competing states," despite an effort begun in 1996 to cut workers' compensation costs by improving workplace safety, limiting some benefits, shifting premium costs to higher-risk employers and better efforts to fight fraud.
"However, Schwab also has grave concerns," the WEF goes on to write, "that organizations might be unable to adapt; governments could fail to employ and regulate new technologies to capture their benefits; shifting power will create important new security concerns; inequality may grow; and societies fragment".
Employers may also reduce benefits, shift more costs to employees or drop higher cost plan options.
That will encourage employers to reduce benefits, shift more costs to employees, promote proliferation of bare-bones, high-deductible plans, and lead to more self-rationing of care and medical bankruptcies.
Referring to "only 1%" makes a measure seem stingy, encouraging disagreement – but there is no mention made that the benefit shift is a real-terms cut, something many voters might not understand if not spelled out.
China would also benefit from shifting from exports to internal consumption as a source for growth.
All else being equal, the environmental benefit of shifting to e-book readers would seem to outweigh any advantage of the conventional book.
There is no benefit from shifting from the CAPI to the mixed remuneration scheme.
An important side benefit of shifting control of appraisals to borrowers is the elimination of lender ownership interests in AMCs.
Public health policies aimed at reducing socioeconomic inequalities in AMI incidence should take note of the considerable benefit of shifting the population distribution, even in seemingly egalitarian countries.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com