Background paper: Inequality and the need for a new social compact
Publication Type
Book Chapter
Publication Date
1-2013
Abstract
Income inequality in Singapore has risen significantly in the last decade. Whether measured by the Gini coefficient, or by the ratio of incomes between the top and bottom deciles, the evidence points to an incontrovertible fact: Singapore has become more unequal in the last ten years or so. In addition there are certain characteristics of inequality patterns in Singapore that make it especially worrying. First, the increase in income inequality has been accompanied by wage stagnation, and even real wage declines, for certain segments of the workforce.
Discipline
Asian Studies | Economic Policy | Economics | Income Distribution
Research Areas
Macroeconomics
Publication
Singapore Perspectives 2012: Singapore Inclusive, Bridging Divides
Editor
Kang Soon-Hock & Leong Chan-Hoong
First Page
125
Last Page
158
ISBN
9789814407861
Publisher
Institute of Policy Studies
City or Country
Singapore
Citation
TAN, Kim Song.
Background paper: Inequality and the need for a new social compact. (2013). Singapore Perspectives 2012: Singapore Inclusive, Bridging Divides. 125-158.
Available at: https://ink.library.smu.edu.sg/soe_research/1458
Additional URL
https://worldcat.org/isbn/9789814407861