In the long run, the premise behind the stated need of reforms is, of course, that everyone will benefit from increasing the overall efficiency of the sector as well as possibly increasing the quality of the care in some instances.
Thus, the traditional partial equilibrium model, for example cost benefit analysis (CBA), which is applied for policy evaluation, has some implications for the financial evaluation and economic efficiency of the relevant sectors.
However, on the other hand, increasing informal sector size also facilitates financial development through easing the capacity constraint on the financial sector, thereby increasing the efficiency of the financial sector.
But in practice, the public sector is currently no match for the efficiency of the private sector, despite subsidies in the form of taxpayers' money flowing back to the public sector.
Recovering industrial waste heat for use in district heating (DH) can increase the efficiency of the industrial sector and the DH system, in a cost-efficient way defined by the index of investment vs. carbon reduction (ICR).
During the first decade of the twenty-first century, the government worked to develop and improve the efficiency of the industrial sector by enacting laws and regulations that encourage private investment and more involvement of the private sector in the country's economic development.
A 2003 European Central Bank report on the efficiency of the public sector in 23 countries ranked France 20th.
They've argued that public services should be privatized, or at least model the "efficiency" of the private sector.
