Labor, productivity and Singapore's development model

• Main Authors: PANG, Eng Fong, LIM, Linda Y. C.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2015
• Subjects: Labor markets; labor policy; productivity; economic development; Asian Studies; Labor Economics
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/4972
• Institution: Singapore Management University

This paper discusses how Singapore's labor market policies since independence have been molded by the state-driven, foreign investment-led, export-oriented, manufacturing-focused development model the country has followed over the past fifty years. The literature we review shows that high GDP g...