Income Inequality in Singapore
The World Bank, 1993 conferred on Singapore the status of ‘tiger economy’ because of its two miraculous characteristics: high growth and reduced income inequality. Expansion of educational provision is one of the major policies the Government of Singapore followed since 1975 particularly to enrich the human capital endowment of the country which has been crucial to the success of Singapore. This b...
The World Bank, 1993 conferred on Singapore the status of ‘tiger economy’ because of its two miraculous characteristics: high growth and reduced income inequality. Expansion of educational provision is one of the major policies the Government of Singapore followed since 1975 particularly to enrich the human capital endowment of the country which has been crucial to the success of Singapore. This b...
