Wages/Expenditures Wages/GDP
Myanmar 10.69 1.16
Thailand 40.99 6.85
Singapore 30.21 4.64
GDP = gross domestic product.
Note: Ratios are averages over the period 2007–2014.
Source: World Bank, World Development Indicators (accessed December 2014).
C. Balancing Public and Private Expenditures
In determining the appropriate level of expenditures, particularly with respect to the social sectors and infrastructure, it will be important that the government takes account of the potential for private expenditures to complement or supplement public expenditures. There are two dimensions to this issue that need to be considered, the first is the balance between public and private provision of public services, and the second are the opportunities for public–private partnerships in service provision.