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Income Inequality in Singapore

Income Inequality in Singapore PDF Author: Pundarik Mukhopadhaya
Publisher: Routledge
ISBN: 1317755146
Category : Business & Economics
Languages : en
Pages : 229

Book Description
The World Bank, 1993 conferred on Singapore the status of ‘tiger economy’ because of its two miraculous characteristics: high growth and reduced income inequality. Expansion of educational provision is one of the major policies the Government of Singapore followed since 1975 particularly to enrich the human capital endowment of the country which has been crucial to the success of Singapore. This book made a coherent study of these extremely important issues to examine the trend and pattern of income inequality in Singapore The book delves further into the trend and pattern of income inequality in Singapore and their implications for the future. It attempts to analyse the links between social welfare and inequality in the light of rapid economic growth phase and adduced important policy implications. The concepts and methodologies used in this book as well as the novelty of analyses and policy implications make this a coherent and in-depth study of extremely important issues with most up-to-date observations. In the last three decades no such book on Singapore has been written and this book fills the gap in existing literature. It is a must-read for anyone who is interested to learn more about the tiger economy of Singapore.

Income Inequality in Singapore

Income Inequality in Singapore PDF Author: Pundarik Mukhopadhaya
Publisher: Routledge
ISBN: 1317755146
Category : Business & Economics
Languages : en
Pages : 229

Book Description
The World Bank, 1993 conferred on Singapore the status of ‘tiger economy’ because of its two miraculous characteristics: high growth and reduced income inequality. Expansion of educational provision is one of the major policies the Government of Singapore followed since 1975 particularly to enrich the human capital endowment of the country which has been crucial to the success of Singapore. This book made a coherent study of these extremely important issues to examine the trend and pattern of income inequality in Singapore The book delves further into the trend and pattern of income inequality in Singapore and their implications for the future. It attempts to analyse the links between social welfare and inequality in the light of rapid economic growth phase and adduced important policy implications. The concepts and methodologies used in this book as well as the novelty of analyses and policy implications make this a coherent and in-depth study of extremely important issues with most up-to-date observations. In the last three decades no such book on Singapore has been written and this book fills the gap in existing literature. It is a must-read for anyone who is interested to learn more about the tiger economy of Singapore.

Inequality in Singapore

Inequality in Singapore PDF Author: Faizal Bin Yahya
Publisher: World Scientific
ISBN: 9814623857
Category : Social Science
Languages : en
Pages : 184

Book Description
Income inequality has become a global phenomenon. Rapid technological advancement and an expanding global workforce will continue to place huge pressure on wages all over the world, including Singapore. This edited volume is the product of the robust exchanges that took place in a series of closed-door discussions (CDDs) on inequality that the Institute of Policy Studies organised in the first half of 2012. The essays provide a range of views on the multi-faceted nature of inequality in Singapore, discuss candidly the specific challenges we face, and offer some policy recommendations. Contents:Introduction:Is Life Getting Better in Singapore?: Issues on Social InequalityInclusive Growth:Growing Inclusivity, Addressing Labor Market Shortfalls and Enhancing International CompetitivenessEducation and Social Mobility:Education and Intergenerational MobilityRetirement Funding and Adequacy:Retirement Funding Adequacy in SingaporeForeign Talent and Their Impact on the Singapore Economy:Impact of Foreign Workers on Economic Growth of Singapore EconomyHealth Care and Long-term Care:Health and Long-term Care for the Aging Population in SingaporeHousing Affordability:Is Housing Still Affordable?: New Disaggregated Indicators Readership: Policy makers, educators, social scientists and analysts looking at social issues in Singapore. Key Features:Looks at the issue of inequality in Singapore in a multi faceted mannerRaises key concerns such as stagnating wage levels, barriers to upward mobility, healthcare affordability and income vulnerability in retirementWritten in a free flowing style that is suitable for general readershipKeywords:Singapore;Inequality;Upward Mobility;Education;Employment;Foreign;Public Housing;Health Care;Retirement

Economic Growth and Income Inequality in China, India and Singapore

Economic Growth and Income Inequality in China, India and Singapore PDF Author: Pundarik Mukhopadhaya
Publisher: Routledge
ISBN: 1351568906
Category : Business & Economics
Languages : en
Pages : 208

Book Description
The world at large is watching both China and India as powerhouses of economic growth. The two nations have achieved significantly high rates of economic growth ever since their respective economies liberalized in 1978 and 1991. Singapore, despite its limited land size and almost total dependence on external trade, has performed remarkably well and has moved from the third world to the first. This book documents and explains the rapid economic growth of the three key Asian economies.The book also looks at what has happened to income inequality in the context of superior growth performance. It makes comparative assessments and examines the implications for the three nations. Since free markets have nothing in them to produce a reduction in income inequality among persons/households, one must at best hope for equality of opportunity notably reflected in identical schooling for all; identical health care for all; and minimal rather than vulgar inequality in housing. This book is particularly useful for both China and India which may wish to study and learn from Singapore in regard to the policies, programmes and projects aimed at ensuring equality of opportunity. The book is backed by considerable expertise on the part of the researchers, with demonstrated expertise through their publications spawning a few decades. It is invaluable to those who are concerned with designing policies for developing countries aimed at rapid and inclusive economic growth.This book has been made possible by the intellectual and financial support extended by the Global Asia Institute, National University of Singapore.

Income Inequality in Singapore

Income Inequality in Singapore PDF Author: V. V. Bhanoji Rao
Publisher: NUS Press
ISBN: 9789971690182
Category : Business & Economics
Languages : en
Pages : 178

Book Description
Study analysing changes in income distributions in Singapore during the period 1966-1975 and its impact on economic growth and structural change.

This is What Inequality Looks Like

This is What Inequality Looks Like PDF Author: Teo You Yenn
Publisher: Ethos Books
ISBN: 9811406782
Category : Social Science
Languages : en
Pages : 248

Book Description
NATIONAL BESTSELLER This New Edition of This Is What Inequality Looks Like by Teo You Yenn features a new Afterword by the author, and a Foreword by Kwok Kian Woon, Professor of Sociology at the Nanyang Technological University, Singapore. What is poverty? What is inequality? How are they connected? How are they reproduced? How might they be overcome? Why should we try? The way we frame our questions shapes the way we see solutions. This book does what appears to be a no-brainer task, but one that is missing and important: it asks readers to pose questions in different ways, to shift the vantage point from which they view ‘common sense,’ and in so doing, to see themselves as part of problems and potential solutions. This is a book about how seeing poverty entails confronting inequality. It is about how acknowledging poverty and inequality leads to uncomfortable revelations about our society and ourselves. And it is about how once we see, we cannot, must not, unsee.

Income Inequality

Income Inequality PDF Author: Brian Keeley
Publisher: Org. for Economic Cooperation & Development
ISBN: 9789264246003
Category :
Languages : en
Pages : 120

Book Description
Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than that of the poorest 10%; today, it's around 9½ times higher. Why does this matter? Many fear this widening gap is hurting individuals, societies and even economies. This book explores income inequality across five main headings. It starts by explaining some key terms in the inequality debate. It then examines recent trends and explains why income inequality varies between countries. Next it looks at why income gaps are growing and, in particular, at the rise of the 1%. It then looks at the consequences, including research that suggests widening inequality could hurt economic growth. Finally, it examines policies for addressing inequality and making economies more inclusive.

Inequality and Exclusion in Southeast Asia

Inequality and Exclusion in Southeast Asia PDF Author: Lee Hwok Aun
Publisher: ISEAS-Yusof Ishak Institute
ISBN: 9814951218
Category : Business & Economics
Languages : en
Pages : 344

Book Description
Inequality is a defining global issue of our times. Southeast Asia stands out in some ways; the 2010s have seen most countries in the region reduce income gaps. Nonetheless, inequality levels remain high, especially in the middle-income to high-income countries, and popular disaffection and economic anxiety prevail, even while official statistics may paint more buoyant scenarios. The age-old problem of group-based exclusion in the development process manifests in new ways. This book provides up-to-date overviews of inequality levels and trends, primarily related to income, but also wealth and other socio-economic variables pertaining to education and health. The country chapters also examine salient themes of inequality, especially structural changes and public policies to redress inequality and exclusion, labour market developments, population groups, regional dynamics, and informal economies. We gain an appreciation for the unique conditions and diverse experiences of each country, and draw comparative insights across the region. “This is an impressive collection of papers written by scholars from Southeast Asia and addressing an important set of issues which deserve serious attention from policymakers. Inequality and social exclusion are problems which never seem to go away, even in the high-income countries, and this collection will be valuable for all those seeking to understand how serious the situation is in eight Southeast Asian states. The editors are to be congratulated on bringing together such a timely book.” Anne Booth, Emeritus Professor of Economics, School of Oriental and African Studies “This compilation of recent research on Southeast Asian economic inequalities by Lee and Choong underscores the rapid progress being made. The authors from the region underscore the global shift in research and policy attention in this century. Reflecting data and methodological diversity, the book variedly captures some ‘intersectionality’ of inequalities beyond the old focus on interpersonal and household income distribution.” Jomo KS, Fellow, Academy of Science, Malaysia “In societies across the world, rising inequality has become a critical issue over the past generation. Besides basic issues of justice, inequality between people obstructs the collective decision-making needed for societies to progress. This book is the most comprehensive study of inequality in Southeast Asia. It stresses that each society is different, but the solutions are common—good data, proper understanding, multidimensional approaches, strong institutions and popular agency.” Pasuk Phongpaichit, Emeritus Professor, Chulalongkorn University

Singapore Perspectives 2012

Singapore Perspectives 2012 PDF Author: Soon Hock Kang
Publisher: World Scientific
ISBN: 9814407879
Category : Political Science
Languages : en
Pages : 204

Book Description
The Singapore Perspectives series is a yearly publication that provides critical analysis of emerging trends and issues Singapore faces in terms of social, economic and political development. It is a quick and essential reference for understanding the broad policy discussions that animate thought leaders, policy-makers and the public in the country during the immediate period or that are likely to do so in the short and medium term. This edited volume brings together papers presented at the Singapore Perspectives 2012 Conference. The Conference came in the wake of Singapore's General Elections held on May 7, 2011, whose outcome resulted in Singapore's political leaders taking a fresh look at Singapore's public policy. More importantly, the government has pledged to reconnect with all segments of society, as it grapples with the issues that have arisen. Some of the major issues discussed in the book include the widening income gap, the affordability of housing and healthcare, as well as the re-examination of the processes of citizen participation in policy-making. The book also includes the speech made by Mr Tharman Shanmugaratnam, Deputy Prime Minister of Singapore, that outlines his views on the model of governance and policies that would help the country bridge the divides. Co-published by the think-tank, the Institute of Policy Studies, Singapore, this is a useful publication for those with an interest in understanding the governance challenges facing a small, highly globalised economy and nation-state, or those who want a quick feel of the pulse of Singapore. About the Contributors Contents:Keynote Address:Building an Inclusive Society (Tharman Shanmugaratnam)Business as Usual, No Longer?:Income Growth and Redistribution: Issues and Challenges (Paul Cheung)Singapore's New Growth Model (Chua Hak Bin and Shawlin Chaw)Macroeconomic Trends and Labour Welfare in Singapore: A Focus on Retirement Adequacy (Hui Weng Tat)Social Development and Working Together: Towards a New Social Compact:Re-Making Singapore Healthcare (Jeremy Lim and Daniel Lee)Public Housing — Appreciating Assets? (Phang Sock Yong)Retirement Adequacy and Housing Financing Through the CPF System (Chia Ngee Choon)Politics: A New Paradigm?:Towards a More Equal, Self-Reliant Society (Ho Kwon Ping)Information, Insulation and the Public Interest (Cherian George)Model of Governance: Big Government or Big People? (Peter Ho)Background Paper:Inequality and the Need for a New Social Compact (Manu Bhaskaran, Ho Seng Chee, Donald Low, Tan Kim Song, Sudhir Vadaketh and Yeoh Lam Keong) Readership: Students, academics, policy makers and civil society activists, and general public interested in Singapore. Keywords:Singapore;Inequality;Politics;Governance;Citizenry;Social Issues;Housing;Social Security;Public PolicyKey Features:Authored by prominent local academics, public intellectuals as well as former or key members from Singapore's Public Service and GovernmentFocuses on current issues and challenges salient to Singapore, for example, the issue of income inequality

This is what Inequality Looks Like

This is what Inequality Looks Like PDF Author: Youyenn Teo
Publisher:
ISBN: 9789811405952
Category : Equality
Languages : en
Pages :

Book Description


Top Incomes

Top Incomes PDF Author: A. B. Atkinson
Publisher: OUP Oxford
ISBN: 0191500887
Category : Business & Economics
Languages : en
Pages : 800

Book Description
A rapidly growing area of economic research investigates the top of the income distribution using data from income tax records. This volume brings together studies of top incomes for twelve countries from around the world, including China, India, Japan, Argentina and Indonesia. Together with the first volume, published in 2007, the studies cover twenty two countries. They have a long time span, the earliest data relating to 1875 (for Norway), allowing recent developments to be placed in historical perspective. The volume describes in detail the source data and the methods employed. It will be an invaluable reference source for researchers in the field. Individual country chapters deal with the specific nature of the data for each of the countries, and describe the long-term evolution of top income shares. In the countries as a whole, dramatic changes have taken place at the top of the income distribution. Over the first part of the century, top income shares fell markedly. This largely took the form of a reduction in capital incomes. The different authors examine the impact of the First and Second World Wars, contrasting countries that were and were not engaged. They consider the impact of depressions and banking crises, and pay particular attention to the impact of progressive taxation. In the last 30 years, the shares of top incomes have increased markedly in the US and other Anglo-Saxon countries, reflecting the increased dispersion of earnings. The volume includes statistics on the much-discussed top pay and bonuses, providing a global perspective that discusses important differences between countries such as the lesser increase in Continental Europe. This book, together with volume 1, documents this interesting development and explores the underlying causes. The findings are brought together in a final summary chapter by Atkinson, Piketty and Saez.