Wage policy and its effect on the social sector in Singapore

Pundarik Mukhopadhaya*

*Corresponding author for this work

Research output: Contribution to journalReview article

3 Citations (Scopus)

Abstract

This paper has discussed the wage policy of Singapore, the city state which achieved a miraculous growth rate. It has been discussed that as the focus of wage policy was to achieve higher productivity and as the government was more reliant on the market mechanism, the wage gap between rich and poor increased and the income inequality scenario seems to be approaching the Latin-American scenario.

Original languageEnglish
Pages (from-to)103-110
Number of pages8
JournalProblems and Perspectives in Management
Volume2
Issue number3
Publication statusPublished - 2004

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