Economics In Practice: Evidence-based Policymaking In Singapore

Economics In Practice: Evidence-based Policymaking In Singapore

Author: Ming Leong Kuan

Publisher: World Scientific

Published: 2021-12-10

Total Pages: 351

ISBN-13: 9811250030

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Singapore is recognised to be one of the most successful economies in the world given its rapid economic and social transformation. Its success is the result of a judicious blend of markets and government, high-quality governance, and public policies that are coherent, consistent and coordinated.This book showcases the contribution of Economics to Singapore's public policymaking. To illustrate the diverse areas that economic analysis has contributed to, this book comprises three sections that span the economic and non-economic policy domains in Singapore. Section I covers economic policies relating to economic growth, trade, investments, productivity, innovation, industrial development, the enterprise landscape and manpower. Section II highlights socioeconomic and security policies, and covers themes such as income inequality and mobility, families, healthcare costs and crime. In Section III, the focus is on infrastructural policies relating to the environment, housing and land transport.This book commemorates the 20th anniversary of the Singapore Government's Economist Service. As the premier service for economists in the Singapore public sector, the Economist Service plays an integral role in supporting evidence-based policymaking through rigorous economic research and analysis of public policies.


Behavioural Economics and Policy Design

Behavioural Economics and Policy Design

Author: Donald Low

Publisher: World Scientific

Published: 2011

Total Pages: 214

ISBN-13: 9814366013

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"This book aims to demonstrate how successful policies in Singapore have integrated conventional economic principles with insights from the emerging field of behavioural economics even before the latter became popular. Using examples from various policy domains, it shows how good policy design often requires a synthesis of insights from economics and psychology. Policies should not only be compatible with economic incentives, but should also be sensitive to the cognitive abilities, limitations and biases of citizens. Written by policy practitioners in the Singapore government, this book is an introduction to how behavioural economics and the findings from cognitive psychology can be intelligently applied to the design of public policies."--Publisher's description.


Toward a Better Future

Toward a Better Future

Author: Fredriksen Birger

Publisher: World Bank Publications

Published: 2008-04-18

Total Pages: 226

ISBN-13: 0821373765

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'Toward a Better Future' provides a comprehensive analysis of education development in Singapore since 1965, giving particular attention to the strategic management that has enabled Singapore to transform its education and training system from one similar to that of many Sub-Saharan African countries four decades ago into one of the world's best-performing systems. It is one of a pair of concurrently-published books presenting materials originally developed for a 2006 study tour to Singapore and Vietnam for senior education officials from Cameroon, Ethiopia, Ghana, Lesotho, Madagascar, and Mozambique. The second book, 'An African Exploration of the East Asian Education Experience', presents five country studies, as well as regional, comparative analyses highlighting insights gained during the study tour and putting them in the context of Sub-Saharan Africa. Together, the two books aim to foster knowledge exchange between Sub-Saharan African and East Asian countries on good practices in the design and implementation of education policies and programs. By facilitating the cross-country fertilization of ideas between two regions with relatively limited contact in the past, these books fi ll a clear gap in the current literature on development practice in education.


Impact Evaluation in Practice, Second Edition

Impact Evaluation in Practice, Second Edition

Author: Paul J. Gertler

Publisher: World Bank Publications

Published: 2016-09-12

Total Pages: 444

ISBN-13: 1464807809

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The second edition of the Impact Evaluation in Practice handbook is a comprehensive and accessible introduction to impact evaluation for policy makers and development practitioners. First published in 2011, it has been used widely across the development and academic communities. The book incorporates real-world examples to present practical guidelines for designing and implementing impact evaluations. Readers will gain an understanding of impact evaluations and the best ways to use them to design evidence-based policies and programs. The updated version covers the newest techniques for evaluating programs and includes state-of-the-art implementation advice, as well as an expanded set of examples and case studies that draw on recent development challenges. It also includes new material on research ethics and partnerships to conduct impact evaluation. The handbook is divided into four sections: Part One discusses what to evaluate and why; Part Two presents the main impact evaluation methods; Part Three addresses how to manage impact evaluations; Part Four reviews impact evaluation sampling and data collection. Case studies illustrate different applications of impact evaluations. The book links to complementary instructional material available online, including an applied case as well as questions and answers. The updated second edition will be a valuable resource for the international development community, universities, and policy makers looking to build better evidence around what works in development.


Refreshing The Singapore System: Recalibrating Socio-economic Policy For The 21st Century

Refreshing The Singapore System: Recalibrating Socio-economic Policy For The 21st Century

Author: Terence Wai Luen Ho

Publisher: World Scientific

Published: 2021-08-13

Total Pages: 443

ISBN-13: 9811236550

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Singapore's rapid ascent from Third World to First since its independence in 1965 has won it acclaim as an 'economic miracle'. Economic success has been accompanied by impressive achievements in social development, as reflected in international rankings of human capital and human development.The city state's achievements are founded on a socio-economic system characterised by low tax rates, flexible labour markets, and individual 'self-reliance', with state support centred on social investment in education and public housing.Entering the 21st century, however, slowing economic growth, an ageing population, global competition, and widening income dispersion have put the Singapore System under strain. This has prompted a significant refresh of social and economic policies over the past 15-20 years.This book aims to bring the reader up to date on Singapore's socio-economic development in the first two decades of the 21st century. It looks back to the shifts in policy thinking that have accompanied structural changes to Singapore's society and economy, taking stock of the policy innovations aimed at sustaining income growth, economic security, and social mobility. It looks around to compare Singapore's approach to those of other countries facing similar challenges, situating Singapore's experience in the wider international discourse on public policy. Finally, it looks ahead to how the Singapore System may evolve in the years to come.


Economic Policy

Economic Policy

Author: Agnès Bénassy-Quéré

Publisher:

Published: 2018

Total Pages: 705

ISBN-13: 0190912103

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Concepts -- Issues -- Interdependence -- Fiscal policy -- Monetary policy -- Financial stability -- International financial integration and foreign-exchange policy -- Tax policy -- Growth policies


Affordable Excellence

Affordable Excellence

Author: William A. Haseltine

Publisher: Brookings Institution Press

Published: 2013

Total Pages: 198

ISBN-13: 0815724160

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"Today Singapore ranks sixth in the world in healthcare outcomes well ahead of many developed countries, including the United States. The results are all the more significant as Singapore spends less on healthcare than any other high-income country, both as measured by fraction of the Gross Domestic Product spent on health and by costs per person. Singapore achieves these results at less than one-fourth the cost of healthcare in the United States and about half that of Western European countries. Government leaders, presidents and prime ministers, finance ministers and ministers of health, policymakers in congress and parliament, public health officials responsible for healthcare systems planning, finance and operations, as well as those working on healthcare issues in universities and think-tanks should know how this system works to achieve affordable excellence."--Publisher's website.


Education in Singapore

Education in Singapore

Author: Yew-Jin Lee

Publisher: Springer Nature

Published: 2022-04-06

Total Pages: 434

ISBN-13: 9811699828

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This edited book is a comprehensive resource for understanding the history as well as the current status of educational practices in Singapore. It is a one-stop reference guide to education and educational issues/concerns here. There are three sections: Part 1 provides a sectorial overview of how education has been organized in this country such as preschool, special needs, primary and secondary, and adult education divisions. In Part 2, contributors critically delve into issues and policies that are pertinent to understanding education here such as underachievement, leadership, language education, assessment, and meritocracy to question what Part 1 might have taken for granted. Part 3 contains the largest number of contributors because it offers a scholarly examination into specific subject histories. This section stands out because of the comparative rarity of its subject matter (history of Physical Education, Art, Music, Geography Education, etc.) in Singapore.


Can Government Think?

Can Government Think?

Author: Kris Hartley

Publisher: Routledge

Published: 2015-06-03

Total Pages: 229

ISBN-13: 1317592832

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Climate change, financial crises, and other issues of global scale no longer concern only the developed world. The binding power of globalization has placed these challenges at the doorstep of almost every country, testing the evolutionary capacity of monolithic governance systems bound by institutional legacy and administrative stagnation. This book locates the concept of adaptive governance, used primarily in environmental management, within the context of economic policy. Introducing flexible economic opportunism, it argues that a particular style of institutional and administrative versatility enables innovative, evidence-based policy development. This book mines institutional economics, public administration, and research theory and practice for complementary elements that can inform an emerging governance paradigm based on flexible economic opportunism. Through an eclectic suite of cases from the developing and developed worlds including Asia and North America, this book reveals how patterns of institutional and administrative change impact the efficacy of public policy. Flexibility may be this century’s most critical dimension of global competitiveness, and systems configured to quickly and comprehensively capture economic opportunities will win the marketplace of development ideas. This book advances that discussion.


The Politics of Evidence-Based Policy Making

The Politics of Evidence-Based Policy Making

Author: Paul Cairney

Publisher: Springer

Published: 2016-04-11

Total Pages: 152

ISBN-13: 1137517816

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The Politics of Evidence Based Policymaking identifies how to work with policymakers to maximize the use of scientific evidence. Policymakers cannot consider all evidence relevant to policy problems. They use two shortcuts: ‘rational’ ways to gather enough evidence, and ‘irrational’ decision-making, drawing on emotions, beliefs, and habits. Most scientific studies focus on the former. They identify uncertainty when policymakers have incomplete evidence, and try to solve it by improving the supply of information. They do not respond to ambiguity, or the potential for policymakers to understand problems in very different ways. A good strategy requires advocates to be persuasive: forming coalitions with like-minded actors, and accompanying evidence with simple stories to exploit the emotional or ideological biases of policymakers.