Economic Dynamism Openness And Inclusion How Singapore Can Make The Transition From An Era Of Catch Up Growth To Life In A Mature Economy
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Economic Dynamism Openness And Inclusion How Singapore Can Make The Transition From An Era Of Catch Up Growth To Life In A Mature Economy
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Author : Hian Teck Hoon
language : en
Publisher: World Scientific
Release Date : 2018-12-21
Economic Dynamism Openness And Inclusion How Singapore Can Make The Transition From An Era Of Catch Up Growth To Life In A Mature Economy written by Hian Teck Hoon and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-21 with Business & Economics categories.
As Singapore progresses from a newly-independent nation to a more mature economy, the economic challenges it faces have evolved.In the 50 years following Singapore's independence, the country tackled economic challenges relating to a fledgling nation, that included launching onto a path of economic take-off, and managing workers' wage aspirations without rising unemployment. It met those challenges, successfully transiting from relative poverty in the 1960s to relative prosperity today.As the country enters the next phase of its economic development, having now surpassed the US standard of living as measured by real GDP per capita, it faces another set of challenges: How to transit from catch-up growth arising from technological diffusion from frontier economies, to generating indigenous innovation? How to face the problem of a shrinking local workforce? How to manage a shift in job preferences with rising wealth and educational attainments?This volume provides a theory of Singapore's economic development. With a coherent theory capable of explaining how Singapore got to where it is, the book analyses how the future might look like for the Singapore economy. With its forward-looking analysis, this book is valuable to students as it weaves macroeconomic data together with growth theory and highlights the interaction of economic forces with social influences and political institutions. It also serves as a good reference for other emerging economies that, like Singapore, want to avoid the middle-income trap, and for researchers interested in analysing the economic possibilities for current and future Singaporeans.
The Singapore Economy
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Author : Hian Teck Hoon
language : en
Publisher: Routledge
Release Date : 2021-09-26
The Singapore Economy written by Hian Teck Hoon and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-09-26 with Business & Economics categories.
Even after achieving the status of a developed economy, many economies face other challenges which may include economic stagnation and income inequality. The book looks at how a mature economy can continue to weather challenges and how the growth of living standards will depend on productivity growth through Singapore’s experience. After Singapore's rapid economic transformation, the nation is at a crossroads. The book explains how productivity growth in turn depends on technological diffusion from abroad as well as indigenous innovation. It also examines how the design of policy to develop indigenous innovation to promote economic dynamism may come with creative destruction and disruptive effects on jobs and wages. The Singapore Economy provides insight into how we can maintain social cohesion and establish a political equilibrium that embraces the new sources of growth through policy formulation for economic inclusion.
The Great Economic Slowdown
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Author : Edmund Phelps
language : en
Publisher: Springer Nature
Release Date : 2023-10-02
The Great Economic Slowdown written by Edmund Phelps and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-10-02 with Business & Economics categories.
This book charts the fall of productivity growth and the rise of inequality within global economies and societies. Set out through a series of economic models, the impact of falling rates of productivity growth, particularly in the USA, are examined in relation to lowering interest rates, the lifting of the stock market, and an increasingly unequal distribution of wealth. The economic impact of COVID-19, including the increased tendency to work from home and renewed public debt pressures, are contextualised within broader issues of wage suppression and discontent within the labor force to highlight how average workers have been left behind. The rise of China and the geopolitical tensions that it has created is also discussed. This book sets out the macro and microeconomic innovations that can create a revival in productivity growth in the coming years. It will be relevant to students and researchers interested in global economic trends and the political economy.
Economics In Practice Evidence Based Policymaking In Singapore
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Author : Ming Leong Kuan
language : en
Publisher: World Scientific
Release Date : 2021-12-10
Economics In Practice Evidence Based Policymaking In Singapore written by Ming Leong Kuan and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-10 with Political Science categories.
Singapore is recognised to be one of the most successful economies in the world given its rapid economic and social transformation. Its success is the result of a judicious blend of markets and government, high-quality governance, and public policies that are coherent, consistent and coordinated.This book showcases the contribution of Economics to Singapore's public policymaking. To illustrate the diverse areas that economic analysis has contributed to, this book comprises three sections that span the economic and non-economic policy domains in Singapore. Section I covers economic policies relating to economic growth, trade, investments, productivity, innovation, industrial development, the enterprise landscape and manpower. Section II highlights socioeconomic and security policies, and covers themes such as income inequality and mobility, families, healthcare costs and crime. In Section III, the focus is on infrastructural policies relating to the environment, housing and land transport.This book commemorates the 20th anniversary of the Singapore Government's Economist Service. As the premier service for economists in the Singapore public sector, the Economist Service plays an integral role in supporting evidence-based policymaking through rigorous economic research and analysis of public policies.
Sustainable Urban Development In Singapore
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Author : Melissa Liow Li Sa
language : en
Publisher: Springer Nature
Release Date : 2023-09-28
Sustainable Urban Development In Singapore written by Melissa Liow Li Sa and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-09-28 with Social Science categories.
This book offers theoretical and practical insights into land use, transport, and national policies in one of world’s well-known urban concrete jungle, none other than the Singapore city. The emphasis is situated on Singapore’s attempt to promote walking and cycling. Greater appreciation of walkability thrives on Singapore’s rich history, green city, people and the gastronomic kopitiam and hawker culture. The book offers a comprehensive coverage of walkability as a crucial component of urban design to reduce vehicular congestion with the associated carbon emissions, foster a healthy lifestyle and community participation and create jobs to help the economy. A high income per capita and an aging society, lessons drawn from Singapore’s experience will be useful to other societies. Scholars in sustainable tourism field, urban planners, government bodies, tourist boards, entrepreneurs, national parks board, residents, and inbound travellers will benefit from reading the book.
Fault Lines After Covid 19
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Author : Robert Z. Aliber
language : en
Publisher: Springer Nature
Release Date : 2023-10-28
Fault Lines After Covid 19 written by Robert Z. Aliber and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-10-28 with Political Science categories.
This book explores the central economic and political issues defining the modern world. With contributions from a number of world renowned economists, a range of topical debates are discussed in an accessible and practical manner. The topics discussed include the current economic and political backdrop, global economic shifts, challenges within central banking and financial integration, the international monetary and financial system, and geopolitical tensions. Particular attention is given to the transition to a low carbon economy, the perils of public debt, the post-COVID-19 recovery, and the conflict in Ukraine. This book aims to envisage the economic challenges and opportunities that will be faced in the years to come. It will be relevant to students, researchers, and policymakers interested in economic policy and the political economy. Chapter-No.17 is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.
Economic Growth And Development In Singapore
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Author : Peter Wilson
language : en
Publisher: Edward Elgar Publishing
Release Date : 2002-10-29
Economic Growth And Development In Singapore written by Peter Wilson and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-10-29 with Business & Economics categories.
In this book Gavin Peebles and Peter Wilson offer an historical overview of the rapid growth and development of the Singapore economy, detailing the institutions and policies which have made this growth possible. They examine the current state of the economy and its future in terms of prospective growth and structural change.
Insights On Singapore S Economy And Society From Leading Thinkers From The Institute Of Policy Studies Singapore Perspectives
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Author :
language : en
Publisher: World Scientific
Release Date : 2019-03-22
Insights On Singapore S Economy And Society From Leading Thinkers From The Institute Of Policy Studies Singapore Perspectives written by and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-22 with Business & Economics categories.
This book presents insights on Singapore's economy and society from leading thinkers, based on selected commentaries from Singapore Perspectives conference series co-published by Institute of Policy Studies and World Scientific. Contributed by the who's who of Singapore's government, business and academia circles, they provide diverse viewpoints over economic transformation, globalisation and regionalism, national identity, emerging group differences, ageing, among other important issues.Is the government's growth-at-all-costs policy the most effective for Singapore? Can Singapore advance as a regional hub? Is Singapore a permanent magnet for foreign talent or a transnational revolving door? What is the Singapore Spirit? Are Singaporeans willing to invest their ambition and future in Singapore? What can Singapore do to prepare for an ageing population? This volume explores a range of possible answers to these questions and more.
Refreshing The Singapore System Recalibrating Socio Economic Policy For The 21st Century
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Author : Terence Wai Luen Ho
language : en
Publisher: World Scientific
Release Date : 2021-08-13
Refreshing The Singapore System Recalibrating Socio Economic Policy For The 21st Century written by Terence Wai Luen Ho and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-08-13 with Political Science categories.
Singapore's rapid ascent from Third World to First since its independence in 1965 has won it acclaim as an 'economic miracle'. Economic success has been accompanied by impressive achievements in social development, as reflected in international rankings of human capital and human development.The city state's achievements are founded on a socio-economic system characterised by low tax rates, flexible labour markets, and individual 'self-reliance', with state support centred on social investment in education and public housing.Entering the 21st century, however, slowing economic growth, an ageing population, global competition, and widening income dispersion have put the Singapore System under strain. This has prompted a significant refresh of social and economic policies over the past 15-20 years.This book aims to bring the reader up to date on Singapore's socio-economic development in the first two decades of the 21st century. It looks back to the shifts in policy thinking that have accompanied structural changes to Singapore's society and economy, taking stock of the policy innovations aimed at sustaining income growth, economic security, and social mobility. It looks around to compare Singapore's approach to those of other countries facing similar challenges, situating Singapore's experience in the wider international discourse on public policy. Finally, it looks ahead to how the Singapore System may evolve in the years to come.
From Efficiency Driven To Innovation Driven Economic Growth
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Author : Kim-Song Tan
language : en
Publisher: World Bank Publications
Release Date : 2005
From Efficiency Driven To Innovation Driven Economic Growth written by Kim-Song Tan and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Creative ability in business categories.
Looks at the rationale behind the re-orientation of the innovation policy in the past few years and describes the various measures that have been implemented in the past few years to facilitate the transition to an innovative economy.