Publication Type

News Article

Version

publishedVersion

Publication Date

2-2012

Abstract

SMU Professor of Economics Hoon Hian Teck gave his take on the impact of the Budget announced last Friday and wrote that the 2012 Budget, in essence, recognises that Singapore is now making a transition from a phase of catch-up growth to being a mature economy. In this mature phase, Singapore needs new sources of growth, and policy interventions are necessary to boost the employability and wage earnings of low-wage and older workers. Professor Hoon is also Associate Dean at the SMU School of Economics.

Discipline

Finance

Research Areas

Applied Microeconomics

Publication

Straits Times

ISSN

1692-9344

Publisher

Singapore Press Holdings

Included in

Finance Commons

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