Inequality in Singapore

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 Inequality

• Inclusive Growth:

  • Growing Inclusivity, Addressing Labor Market Shortfalls and Enhancing International Competitiveness

• Education and Social Mobility:

  • Education and Intergenerational Mobility

• Retirement Funding and Adequacy:

  • Retirement Funding Adequacy in Singapore

• Foreign Talent and Their Impact on the Singapore Economy:

  • Impact of Foreign Workers on Economic Growth of Singapore Economy

• Health Care and Long-term Care:

  • Health and Long-term Care for the Aging Population in Singapore

• Housing 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 manner
• Raises key concerns such as stagnating wage levels, barriers to upward mobility, healthcare affordability and income vulnerability in retirement
• Written in a free flowing style that is suitable for general readership