Menu

Keyword : Inequality

  • Four Principles of Intergenerational Equity for Managing the Reserves

    By: IPS Editor | Dec 04, 2018 | Hits: 208

    During the 2018 Budget debate in Singapore, considerable time was dedicated to discussing the Net Investment Returns Contribution (NIRC) framework. Under the constitution, the NIRC framework allows the government to utilise up to 50 per cent of the expected long-term real returns from investing the reserves. Central to the debate regarding NIRC was whether we…..

    Read More
  • Commentary: Behind the public shaming of one wealthy elite, a disturbing but growing divide

    By: IPS Editor | Sep 03, 2018 | Hits: 1137

    On Monday (Aug 27), soon after news of Audrey Tay, the daughter of The Hour Glass founders, pleading guilty to taking drugs and causing a car crash that uprooted a divider broke, netizens flooded social media with harsh comments. Yet, many comments were not about her wrongdoing, but focused on her inherited wealth and how her privilege may cushion her…..

    Read More
  • Inequality has a geographic dimension – between and within neighbourhoods in Singapore

    By: admintest admintest | May 30, 2018 | Hits: 3176

    The two weeks of intense discussion on the presidential address in parliament has unanimously pointed to the danger of inequality and hardening social mobility in Singapore.   The city-state has one of the highest income disparity levels among developed economies, though not among other global cities, before taxes and government transfers. In the long run, this rift will undermine…..

    Read More
  • Aim for 4G leaders: Equalise vocational, academic pathways

    By: admintest admintest | May 15, 2018 | Hits: 1666

    The egalitarian ideal of being a fair and just society remains strong in Singapore. Indeed, this was a central theme in President Halimah Yacob’s address in Parliament on Monday, when she said the Government would tackle inequality “vigorously”. After all, the country’s founding Prime Minister Lee Kuan Yew set up as an article of faith…..

    Read More
  • While social class division exists, it does not mean Singapore is divided

    By: admintest admintest | Jan 12, 2018 | Hits: 2757

    As the adage goes, no man (or woman) is an island. We each have our own personal, social network, which may include a relative with whom we could share and discuss important matters or a close friend who would readily help us in times of need. A recent study we did found that on average,…..

    Read More
  • Concerns about parents hot-housing pre-schoolers

    By: admintest admintest | Aug 25, 2017 | Hits: 1112

    In his National Day Rally speech, Prime Minister Lee Hsien Loong highlighted the Government’s commitment to enhance pre-school education. It is indeed timely for Singapore to extend its focus to pre-school education, given research on the positive impact of early childhood experiences on life outcomes. Access to pre-school education also boosts social mobility, as many…..

    Read More
  • Time Banks can Forge Social Change

    By: admintest admintest | Jun 22, 2017 | Hits: 1896

    We have all heard of the adage, “time is money”, but this is often understood in terms of the market economy, where all goods and services are assigned a monetary value. The time economy, on the other hand, is made up of all the goods and services of social value that measures of the market…..

    Read More
  • Leave No One Behind in Move to Digital Economy

    By: admintest admintest | Oct 13, 2016 | Hits: 1633

    Efforts are under way to identify new areas of growth for Singapore amid volatility in the global economy and rapid technological change. The Committee on the Future Economy, tasked to chart a blueprint for Singapore’s economic future, last month released findings from their broad public consultations. A key theme of discussion, it said, was on…..

    Read More
  • In Good Social Policy, Every Child Matters

    By: admintest admintest | Apr 29, 2016 | Hits: 1947

    Financial and housing help for families with children, announced recently in Budget 2016, send two clear messages. One, the government believes that every child is valuable. Two, social policy will seek to correct some of the disadvantages that children encounter as a result of their parentage. This is a long way from the situation in…..

    Read More