Publication Type

News Article

Publication Date

11-2013

Abstract

He felt that the commonplace idea that the huge inflow of foreign workers in the past decade caused a stagnation and even decline in real wage earnings of Singaporean workers in the bottom half of the income distribution was flawed. He argued that real wage earnings of the median worker actually increased when the number of inflows of foreign workers was reaching its peak. Prof Hoon thus felt that Singapore must now find a means to gear its political and economic institutions to continue to embrace economic openness in the next half-century, in order to be able to deliver good jobs and wages.

Keywords

Singapore, wages, foreign workers

Discipline

Asian Studies | Economics | Labor Economics

Research Areas

Applied Microeconomics

Publication

Straits Times

First Page

A21

Last Page

A21

ISSN

1692-9344

Publisher

Singapore Press Holdings

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

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