UID:
almahu_9949385222902882
Format:
1 online resource
ISBN:
9781000427226
,
1000427226
,
9780429266584
,
0429266588
,
1000427218
,
9781000427219
Content:
Even after achieving the status of a developed economy, many economies face other challenges which may include economic stagnation and income inequality. The book looks at how a mature economy can continue to weather challenges and how the growth of living standards will depend on productivity growth through Singapore's experience. After Singapore's rapid economic transformation, the nation is ata crossroads. The book explains how productivity growth in turn depends on technological diffusion from abroad as well as indigenous innovation. It also examines how the design of policy to develop indigenous innovation to promote economic dynamism may come with creative destruction and disruptive effects on jobs and wages. The Singapore Economy provides insight into how we can maintain social cohesion and establish a political equilibrium that embraces the new sources of growth through policy formulation for economic inclusion.
Additional Edition:
Print version: ISBN 0367218690
Additional Edition:
ISBN 9780367218690
Language:
English
Keywords:
Electronic books.
DOI:
10.4324/9780429266584
URL:
https://www.taylorfrancis.com/books/9780429266584