Policy Responses in an Unstable Globalized Economy: Multi-Stressed Low-Earning Families in Singapore
The Singapore government responded swiftly to the 2008 global recession, doling out a range of policies in aid of all levels of wage earners. This paper explores the impacts of economic trends and government policies on low-wage earners. Using a theoretical model and empirical data from a pilot stud...
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Main Authors: | , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2013
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Online Access: | https://ink.library.smu.edu.sg/soe_research/1660 https://ink.library.smu.edu.sg/context/soe_research/article/2659/viewcontent/PolicyResponseMultiStressedLawEarningFamiliesSingapore_2013.pdf |
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Institution: | Singapore Management University |
Language: | English |
Summary: | The Singapore government responded swiftly to the 2008 global recession, doling out a range of policies in aid of all levels of wage earners. This paper explores the impacts of economic trends and government policies on low-wage earners. Using a theoretical model and empirical data from a pilot study of recipients of a government Work Support Program, it demonstrates the effects of socioeconomic factors on multi-stressed low-earning families. It discusses the adequacy of current policies in addressing the multiple stressors experienced by low-wage earners. |
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