The Singapore Economy Dynamism and Inclusion

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 at a 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.

Introduction 1. Entrepreneurship in Singapore 2. Financing Singapore’s SMEs and the crowdfunding industry in Singapore 3. Singapore in the global value chains 4: Singapore’s urban form and its implications on transport and city development: A cross-city perspective 5. Singapore as a sustainable city: Past, present, and the future 6. Achieving price stability 7. Social insurance 8. Challenges to social mobility in Singapore: Facilitating social mobility 9. Providing childcare 10. Retirement preparedness in Singapore. Epilogue

Hian Teck Hoon is professor at the School of Economics at Singapore Management University, Singapore.