Publication Type

Book Chapter

Publication Date

2007

Abstract

While Singapore is not generally regarded as a welfare state, the provision of housing welfare on a large scale has been a defining feature of its welfare system. The extensive housing system has played a useful role in raising savings and homeownership rates as well as contributing to sustained economic growth in general and development of the housing sector in particular. Few would dispute the description of Singapore’s housing policies as 'phenomenally successful' (Ramesh, 2003). Singapore’s economic growth record in the past four decades has brought it from third world to first world status (Lee, 2000), with homeownership widespread at more than 90 percent for the resident population.

Keywords

Housing policy, East Asia, Singapore, Welfare state, housing, home ownership, social welfare

Discipline

Asian Studies | Economics | Growth and Development | Public Economics | Real Estate

Research Areas

Applied Microeconomics

Publication

Housing and the New Welfare State: Perspectives from East Asia and Europe

Editor

Groves, Rick; Murie, Alan; Watson, C. J.

First Page

15

Last Page

44

ISBN

9780754644408

Publisher

Ashgate

City or Country

Aldershot

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.

Additional URL

http://www.worldcat.org/isbn/9780754644408

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