Economic Dynamism Openness And Inclusion How Singapore Can Make The Transition From An Era Of Catch up Growth To Life In A Mature Economy is popular PDF and ePub book, written by Hian Teck Hoon in 2018-12-21, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Economic Dynamism Openness And Inclusion How Singapore Can Make The Transition From An Era Of Catch up Growth To Life In A Mature Economy can be Read Online from any device for your convenience.
Economic Dynamism Openness And Inclusion How Singapore Can Make The Transition From An Era Of Catch up Growth To Life In A Mature Economy Book PDF Summary
As Singapore progresses from a newly-independent nation to a more mature economy, the economic challenges it faces have evolved.In the 50 years following Singapore's independence, the country tackled economic challenges relating to a fledgling nation, that included launching onto a path of economic take-off, and managing workers' wage aspirations without rising unemployment. It met those challenges, successfully transiting from relative poverty in the 1960s to relative prosperity today.As the country enters the next phase of its economic development, having now surpassed the US standard of living as measured by real GDP per capita, it faces another set of challenges: How to transit from catch-up growth arising from technological diffusion from frontier economies, to generating indigenous innovation? How to face the problem of a shrinking local workforce? How to manage a shift in job preferences with rising wealth and educational attainments?This volume provides a theory of Singapore's economic development. With a coherent theory capable of explaining how Singapore got to where it is, the book analyses how the future might look like for the Singapore economy. With its forward-looking analysis, this book is valuable to students as it weaves macroeconomic data together with growth theory and highlights the interaction of economic forces with social influences and political institutions. It also serves as a good reference for other emerging economies that, like Singapore, want to avoid the middle-income trap, and for researchers interested in analysing the economic possibilities for current and future Singaporeans.
Detail Book of Economic Dynamism Openness And Inclusion How Singapore Can Make The Transition From An Era Of Catch up Growth To Life In A Mature Economy PDF
- Author : Hian Teck Hoon
- Release : 21 December 2018
- Publisher : World Scientific
- ISBN : 9789813236240
- Genre : Business & Economics
- Total Page : 176 pages
- Language : English
- PDF File Size : 7,7 Mb
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