Saturday, January 1, 2011
OPINION: Singapore: Economy bounces back, but…? - Prof Mukul G. Asher
East Asia Forum, 31 Dec 2010Instead of addressing demographic changes through constructing robust social safety nets which are affordable, Singapore has relied on foreign manpower, particularly at the lower-paid end of the workforce, but also in the area of skilled labour, to sustain growth. Predictably, the share of foreign workers within the total labour force has already exceeded one-third,