IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

Does Singapore Need Economic Restructuring II or Another ‘Wage Revolution’?

  • LIM Chong Yah

    (Division of Economics, Nanyang Technological University, Singapore 637332, Singapore)

Registered author(s):

    In this paper, Professor Lim first discusses the circumstances that led to the urgent need to embark on the Economic Restructuring I in 1979 and assesses the modus operandi used then to achieve the restructuring objective. He then compares the changed circumstances of today’s economy, which has a new set of problems and priorities. He advocates another formal economic restructuring exercise (Economic Restructuring II) and proposes recommendations to restructure the present economy. His iconoclastic and likely to be controversial recommendations are based on the economic principles used in the Economic Restructuring I, but with the additional objectives of checking the trend of rising income inequality and lessening the over-reliance of cheap foreign labour import.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://www3.ntu.edu.sg/hss2/egc/wp/2012/2012-01.pdf
    Download Restriction: no

    Paper provided by Nanyang Technological University, School of Humanities and Social Sciences, Economic Growth Centre in its series Economic Growth Centre Working Paper Series with number 1201.

    as
    in new window

    Length: 15 pages
    Date of creation: Jan 2012
    Date of revision:
    Handle: RePEc:nan:wpaper:1201
    Contact details of provider: Postal: Nanyang Drive, Singapore 637332
    Fax: 6795 5797
    Web page: http://egc.hss.ntu.edu.sg/

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:nan:wpaper:1201. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Magdalene Lim)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.