Publication Type
News Article
Version
publishedVersion
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
Citation
HOON, Hian Teck.
Relook Link Between Low Wages and Foreign Workers. (2013). Straits Times. A21-A21.
Available at: https://ink.library.smu.edu.sg/soe_research/1580
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