Policy Responses in an Unstable Globalized Economy: Multi-Stressed Low-Earning Families in Singapore

• Main Authors: NG, Irene Y. H., HO, Kong Weng
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2013
• Subjects: Asian Studies; Economic Policy; Macroeconomics; Public Economics
• 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
• Institution: Singapore Management University

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.