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Labour Economics and Public Policy
This book serves as a textbook on labour economics and public policy in labour markets. It also shows how Singapore has been successful in establishing a world class labour market. One attribute of such a labour market is the high purchasing power of wages for the average worker for essentials such as housing, healthcare, quality education for children and retirement consumption, which motivates Singaporeans to work hard. The second attribute is a macro-focused labour union that works closely with the government, and is able to prevent excessive wage increase.
Crisis Management and Public Policy
"One of the key themes of this book is to study economic crises and financial crises, and the policy measures that are available to manage them. The second key theme of the book is to review several public policies in Singapore, such as competition, healthcare, training, free trade agreements, state capitalism and inequality."--Publisher's description.
The Modernization of Labour Law and Industrial Relations in a Comparative Perspective
Not all labour law and industrial relations scholars agree on the efficacy of the comparative approach - that the analysis of measures adopted in other countries can play a constructive role in national and local policy-making. However, the case deserves to be heard, and no better such presentation has appeared than this remarkable book, the carefully considered work of over 40 well-known authorities in the field from a wide variety of countries including Australia, France, India, Israel, Peru, Poland, and South Africa. The volume contains papers delivered at a conference sponsored by the Marco Biagi Foundation at the University of Modena and Reggio Emilia in March 2008.
Singapore Studies
This edition brings up to date a decade of research work developments of the Faculty of Arts and Social Science, National University of Singapore, since the first volume was published in 1985. The state of the respective disciplines covered are reviewed in terms of notable theoretical and conceptual developments, major benchmarks during the past decade, and research lacunae that need to be addressed, as well as their substantive developments and contributions in the Singapore context and possible future directions, resulting in a collection of essays that places the Faculty's studies in an international comparative framework.
Wages and Wages Policies
This book consists of articles written by twenty authors, including three eminent academicians from Australia and Britain. It provides first-hand information on the National Wages Council (NWC), and its contributions -- as well as those of tripartism -- as an instrument of economic growth. The book is divided into six parts. Part I introduces the book. Part II provides details about the NWC, its operations and its structure. Part III covers the macroeconomic impact of the NWC, including the impact on productivity, competitiveness, investment and growth. Part IV covers the impact of the NWC on wages and the wage system in Singapore. Part V provides a theoretical perspective on the importance of the NWC to productivity growth and productive efficiency. Part VI takes a look at the incomes policy practice of another country in the region, Australia, which provides a good point of reference for the NWC.
Employment Relations in the Growing Asian Economies
This book analyses the role of employment relations in the context of economic development in some of the key Asian economies: China, Hong Kong, India, Malaysia, the Phillipines, Singapore, South Korea and Taiwan. In recent years, these Asian economies have become increasingly more open and export-driven, and there is strong interest all over the world in the Asian economic `miracle' among practitioners and scholars alike. Although much has been written on this region, few books have concentrated on the human resource aspects of this growth. The authors build on the basic premise that the initial success of these countries has lain in low wages and suppression of workers' rights. However, they point out that as employment relations evolve enterprises will either pull out due to rising wages, or stay and prosper by adapting to higher wages. Cases are provided to illustrate both of these features. The evidence in the book suggests that unless a synergy is created between firm-level and state-level human resource policies in areas such as skill formation and workers' need for voice, economic growth is unlikely to be sustainable.
Challenges For The Singapore Economy After The Global Financial Crisis
This book is a collection of invited and selected papers from the Singapore Economic Policy Forum 2009 around a central theme, Challenges Facing Singapore in the Post-Crisis Era and Policy Responses.There are very few books on the Singapore economy. This one is largely non-technical in nature and brings the reader up to speed on the key issues facing policymakers in Singapore in the wake of the worst financial crisis since the Great Depression. The contributors are all experts in their field and have extensive experience of the Singapore economy. The book also offers an international dimension to look at the role of China in the Asian economy and the impact on Asia of reforms to the international financial architecture.
Older Persons in Southeast Asia
Demographers, economists, sociologists and anthropologists analyse the implications of population ageing for family and community welfare and public policy.
Social Policy in Post-Industrial Singapore
Notwithstanding the lean years that followed 1986 and 1997, sustained economic growth since the late 1970s has propelled Singapore into the post-industrial age and reproduced the demographic and social structure of advanced western societies. The rapid shift to a knowledge-intensive economy requiring highly-skilled services has resulted in a 'two-speed' society consisting of a highly competitive but rewarding sector and a marginalized population that is increasingly at risk. Being avowedly anti-welfarist, the state for ideological reasons has resisted pressures to introduce a comprehensive welfare regime for its risk population, preferring to privilege its productive citizenry. Is Singapore a counter-factual to the convergence thesis, by preferring to put in place a social policy driven by the belief of its leaders that the more successful a society is the more it is able to care for those who fall behind?
Singapore's National Wages Council: An Insider's View
Written by Emeritus Professor LIM Chong-Yah, Founding Chairman of the tripartite National Wages Council (NWC), this unique volume offers readers an insider's view of the genesis and the evolution of the wage determination mechanism and system in Singapore under the aegis of the NWC. As a tripartite body dealing with wages, wage policies and wage-related matters and promoting Growth with Equity, the NWC played a critical role in transforming industrial relations in Singapore from the then confrontational approach to that of mutual understanding, esprit de corps and social co-partnership. Drawing from his 30-year experience as NWC Chairman (1972-2001), Singapore's eminent Economics Professor s...
