I've been chirping about how automating the flow part of workflows, by adding a proper IT based process framework to BRPs, would suggest a possible 67% increase in World Wide GDP.
But I completely forgot an important issue; Corruption and Cronyism!
Here's yesterday's WSJ - "Tragic Flaw: Graft Feeds Greek Crisis":
[Greek construction drama, photo from Travelphoto.net]
"A study to be published in coming weeks by the Washington-based Brookings Institution finds that bribery, patronage and other public corruption are major contributors to the country's ballooning debt, depriving the Greek state each year of the equivalent of at least 8% of its gross domestic product, or more than €20 billion (about $27 billion)."
"Greece's budget deficit averaged around 6.5% of GDP over the past five years, including a 13% shortfall last year. If Greece's public sector were as clean and transparent as Sweden's or the Netherlands', the country might have posted budget surpluses over the past decade, the study implies."
Obviously, government and health is (almost) all BRP. Put all of that into a proper process based IT system and total accountability and transparency follows. And that, as we know, kills graft, corruption and cronyism swiftly and painlessly.
As for Greece, that would solve their problem. I rest my case as I change our tag line to "Here's 30 Megs. Now go run Greece".
[Hat tip to my friend Pete for the nudge and WSJ link]