"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.
This book is an annual effort by the economists from the Nanyang Technological University to provide analysis, interpretations and insights on contemporary economic issues affecting Singapore.In 2010, Singapore's economy was just recovering from the sharp economic downturn in 2008/09 caused by the Global Financial Crisis. The global economic outlook in the short and medium term remained uncertain and the risk of another economic or financial crisis remains high. Thus, 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.Looking ahead, in order to ensure long term growth and prosperity for Singapore's economy, microeconomic policy adjustments and fine-tuning is still needed to build a competitive and resilient nation. Therefore, 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.
Why are some nations rich and others poor? Why do the citizens of some countries lead a happy, prosperous life while others struggle in terrible want?This book takes the reader through the eventful life journey of one of Singapore's best known economists and educators, Professor Lim Chong Yah. Born in Malacca, the author planted tapioca to feed himself and his family, caught fish in paddy fields and was thrown in jail as a 10-year-old during the war. He fought to win a Commonwealth scholarship to get a decent education, met the love of his life at a Chinese New Year party, became a Professor at two of the best universities in Asia, and went on to write one the most widely-used economics textbooks of the time, Elements of Economic Theory.At 84, Lim Chong Yah is as feisty, indomitable and curious as when he was a small, cheeky boy catching fighting fish in those paddy fields. And he still asks the fundamental question of how each of us can make a difference.
Money and Finance After the Crisis provides a critical multi-disciplinary perspective on the post-crisis financial world in all its complexity, dynamism and unpredictability. Contributions illuminate the diversity of ways in which money and finance continue to shape global political economy and society. A multidisciplinary collection of essays that study the geographies of money and finance that have unfolded in the wake of the financial crisis Contributions discuss a wide range of contemporary social formations, including the complexities of modern debt-driven financial markets Chapters critically explore proliferating forms and spaces of financial power, from the realms of orthodox finance capital to biodiversity conservation Contributions demonstrate the centrality of money and finance to contemporary capitalism and its political and cultural economies
Why and how do politics, society and economics shape the growth and failure of labour markets? Does government intervention help or harm labour market reforms/adjustments in times of economic downturn? What forces drive such government intervention and do they differ from society to society?In addressing these big-picture questions, this book's analytical scope is heavily centred around the topic of labour markets' performance. The book argues that performance in labour markets across countries are influenced by their labour market policies. In turn, these policies are shaped, in varying degrees, by the country's politics. Each chapter in this book dives into the labour market experiences in various countries to demonstrate why in some countries, labour markets perform better than in other countries. Major findings from this book suggest that countries can produce better economic and social outcomes (e.g. lower socio-economic inequality) if their labour market policies are aimed at fostering a socially and politically stable society via greater equity in wealth distribution across various socio-cultural and income groups.This book is an essential read for any public policy researchers, policy practitioners and undergraduate/graduate students who are interested or vested in the topic of labour markets' performance in the political, social and economic dimensions. Particularly, this book provides a critical synthesis of the labour market experiences in many countries. Hence, the book serves as an ideational tool to advance future labour market research and policy.
Here it is going to happen is the title of a painting memorialising Albert Winsemius' industrial survey mission to Singapore. The picture depicts the hilltop view of a pre-industrial Jurong.Besides being a biography of Albert Winsemius, the book examines Albert Winsemius' affinity with Singapore and his contributions to the nation's economic development. It also looks at his legacy and influence on past, current and future economic planners.
As Singapore enters its 50th year of independence, it is a time for introspection to look back at the successes and challenges of the past, but is also a crucial time to consider what the future holds for the nation.Singapore 2065: Leading Insights on Economy and Environment from 50 Singapore Icons and Beyond is one such key contribution to the endeavour of thinking about what lies ahead. While many forthcoming projects and books take a more retrospective approach reflecting upon Singapore's past, this book adopts a forward-looking perspective, contemplating Singapore's distant future, which is important for posterity. This book is a collection of key insights from 50 iconic individuals of Singapore and beyond, and contains reasoned arguments, speculations and visionary expectations of Singapore's future in 50 years' time.The book discusses the distant future of Singapore's economy and the environment. What will Singapore's economic and environment landscape be like 50 years from now? Are there trends or scenarios common to the various discussions contained in this book? If there are, how big would be the impact of some of these trends? What and how should the government respond to these projections, expectations and informed visions of tomorrow? In sum, what would Singapore's economy and environment be like in 2065? The book explores a range of possible answers to these questions and more.Not only will the generations of today be able to gain much insight into Singapore's future by reading this book, but future generations, specifically 100 years after Singapore's independence, will be able to understand and affirm what and how today's generations think about their time. The book is a key contribution to envisioning Singapore's future, which is also vital for understanding what shapes Singapore's landscape today.
Research on the family has expanded considerably across Asia but studies tend to be fragmented, focusing on narrow issues within limited areas (cities, towns, small communities) and may not be accessible to international readers. These limitations make it difficult for researchers, students, policy makers, and practitioners to obtain the information they need. The Routledge Handbook of Families in Asia fills that gap by providing a current and comprehensive analysis of Asian families by a wide range of experts in a single publication. The thirty-two chapters of this comparative and multi-disciplinary volume are organized into nine major themes: conceptual approaches, methodological issues, family life in the context of culture, family relationships across the family life cycle, issues of work and income, stress and conflict, family diversity, family policy and laws, and environmental setting of homes. Each chapter examines family life across Asian countries, studying cultural similarities and differences and exploring how families are changing and what trends are likely to develop in the future. To provide a fruitful learning experience for the reader, each chapter offers examples, relevant data, and a comprehensive list of references. Offering a complete interdisciplinary overview of families in Asia, the Handbook will be of interest to students, academics, policy makers and practitioners across the disciplines of Asian Studies, Sociology, Demography, Social Work, Law, Social Policy, Anthropology, Geography, Public Health and Architecture.
This book focuses on the policy capacities, built up since the 2003 SARS crisis, that have contributed to Singapore’s Covid-19 response efforts. In doing so, the book discusses the fiscal, operational, analytical and political capacities that have driven Singapore's policy response to the pandemic, and proposes a broad policy capacity framework that will be applicable to the analysis of other contexts as well. The Covid-19 pandemic has brought about massive disruptions in societies and economies across the world. Singapore’s early success in managing the Covid-19 pandemic has received much attention from researchers and observers from across the world. A study by the T.H. Chan School of Public Health at Harvard University had described Singapore’s early efforts to detect and contain Covid-19 as the “gold standard of near-perfect detection”. Despite its success in containing Covid-19 infections, Singapore has also faced challenges arising from systemic policy blind spots, resulting in high levels of infection in its migrant worker dormitories. With that, the book also discusses the systemic blind spots and policy shortcomings that have emerged in Singapore’s response to the Covid-19 pandemic, and provides policy recommendations on policy capacity-building for future pandemics and crises. The book will be of strong interest to scholars and students of public policy and crisis management, especially those who specialise in healthcare policy and pandemic response. Given the ongoing challenges posed by Covid-19 as well as the continued risks of other future infectious disease outbreaks, the book will also be useful for policymakers and practitioners seeking to draw policy lessons from Singapore’s experience with the SARS and Covid-19 outbreaks.
To capitalise on the new international resolve epitomised by COP21 and the agreement on the universal Sustainable Development Goals (SDGs) requires a renewed effort to promote new policy thinking and new approaches to the great challenges ahead. Responding to new challenges means we have to adopt more ambitious frameworks, design more effective tools, and propose more precise policies that will take account of the complex and multidimensional nature of the challenges. The goal is to develop a better sense of how economies really work and to articulate strategies which reflect this understanding. The OECD’s New Approaches to Economic Challenges (NAEC) exercise challenges our assumptions and our understanding about the workings of the economy. This collection from OECD Insights summarises opinions from inside and outside the Organisation on how NAEC can contribute to achieving the SDGs, and describes how the OECD is placing its statistical, monitoring and analytical capacities at the service of the international community. The authors also consider the transformation of the world economy that will be needed and the long-term “tectonic shifts” that are affecting people, the planet, global productivity, and institutions.