While the strategy of openness had earned Singapore rapid economic growth, upward social mobility, and possibly decreasing inequality in the early years of development, the more recent years saw increasing inequality and with it an underlying possibly diminished upward intergenerational mobility due to skill-biased growth processes, skill-biased parental influence, liberalization in the education industry, and structural changes in the society which hurt the human capital accumulation of children in families under economic and intra-household stresses. In particular, the paternal influence on educational aspiration and attainment is more pronounced than the mother’s. Non-Chinese and youths from disrupted families are worse off in both educational aspirations and educational attainment.
Asian Studies | Economics | Growth and Development
Growth with Inequality: An International Comparison on Income Distribution
City or Country
HO, Kong Weng.
Growth and Inequality in Singapore. (2012). Growth with Inequality: An International Comparison on Income Distribution. 191-206. Research Collection School Of Economics.
Available at: http://ink.library.smu.edu.sg/soe_research/1663
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