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Labour Economics and Public Policy
Hardcover
LaborGeneral Political Science
ISBN13: 9789813149809
Publisher: World Scientific Publishing Company
Published: May 21 2017
Pages: 276
Weight: 1.10
Height: 0.80 Width: 6.20 Depth: 9.10
Language: English
This book serves as a textbook on labour economics and public policy in labour markets.
It also shows how Singapore has been successful in establishing a world class labour market. One attribute of such a labour market is the high purchasing power of wages for the average worker for essentials such as housing, healthcare, quality education for children and retirement consumption, which motivates Singaporeans to work hard. The second attribute is a macro-focused labour union that works closely with the government, and is able to prevent excessive wage increase.
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