The OECD sees these challenges as being related and mutually reinforcing. It says that reform of the public expenditure management system should entail an improvement in the quality of public services and help preserve the low tax environment. These should then contribute to safeguarding competitiveness as well as enhancing welfare. Regulatory reform in non-traded sectors should result in a better quality of services as well as lower prices. This should contribute not only to better welfare, but also to improved growth prospects by limiting the deterioration in competitiveness and supporting labour force growth.