Analysing the factors affecting the feasibility of alternative policies to address income inequality in Singapore.

In 1974, Singapore’s first Prime Minister Lee Kuan Yew said, “Growth must come first before sharing” . Decades after growth and being one of the richest countries in the world, Singapore seems to have forgotten about the second part of the rhetoric - sharing. Despite increasing government expenditur...

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Main Author: Muhammad Ismail Ya’acob
Other Authors: Kim Soojin
Format: Final Year Project (FYP)
Language:English
Published: Nanyang Technological University 2022
Subjects:
Online Access:https://hdl.handle.net/10356/158973
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author Muhammad Ismail Ya’acob
author2 Kim Soojin
author_facet Kim Soojin
Muhammad Ismail Ya’acob
author_sort Muhammad Ismail Ya’acob
collection NTU
description In 1974, Singapore’s first Prime Minister Lee Kuan Yew said, “Growth must come first before sharing” . Decades after growth and being one of the richest countries in the world, Singapore seems to have forgotten about the second part of the rhetoric - sharing. Despite increasing government expenditure on social policies, income inequality in Singapore seems destined to worsen in the years to come. Recognising the destabilising force of inequality, this study endeavours to understand the factors that affect the feasibility of alternative economic policies to address income inequality. The study found that for alternative policies to be feasible, (1) the government’s philosophy has to be in congruence; (2) there must be public acceptance of the policy, especially with Singapore’s new style of collaborative governance; and (3) the policy has to be effective.
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spelling ntu-10356/1589732023-03-05T15:44:36Z Analysing the factors affecting the feasibility of alternative policies to address income inequality in Singapore. Muhammad Ismail Ya’acob Kim Soojin School of Social Sciences sjkim@ntu.edu.sg Social sciences::Political science::Public administration::Asia::Singapore In 1974, Singapore’s first Prime Minister Lee Kuan Yew said, “Growth must come first before sharing” . Decades after growth and being one of the richest countries in the world, Singapore seems to have forgotten about the second part of the rhetoric - sharing. Despite increasing government expenditure on social policies, income inequality in Singapore seems destined to worsen in the years to come. Recognising the destabilising force of inequality, this study endeavours to understand the factors that affect the feasibility of alternative economic policies to address income inequality. The study found that for alternative policies to be feasible, (1) the government’s philosophy has to be in congruence; (2) there must be public acceptance of the policy, especially with Singapore’s new style of collaborative governance; and (3) the policy has to be effective. Bachelor of Arts in Public Policy and Global Affairs 2022-06-08T03:28:14Z 2022-06-08T03:28:14Z 2022 Final Year Project (FYP) Muhammad Ismail Ya’acob (2022). Analysing the factors affecting the feasibility of alternative policies to address income inequality in Singapore.. Final Year Project (FYP), Nanyang Technological University, Singapore. https://hdl.handle.net/10356/158973 https://hdl.handle.net/10356/158973 en HA21_31 application/pdf Nanyang Technological University
spellingShingle Social sciences::Political science::Public administration::Asia::Singapore
Muhammad Ismail Ya’acob
Analysing the factors affecting the feasibility of alternative policies to address income inequality in Singapore.
title Analysing the factors affecting the feasibility of alternative policies to address income inequality in Singapore.
title_full Analysing the factors affecting the feasibility of alternative policies to address income inequality in Singapore.
title_fullStr Analysing the factors affecting the feasibility of alternative policies to address income inequality in Singapore.
title_full_unstemmed Analysing the factors affecting the feasibility of alternative policies to address income inequality in Singapore.
title_short Analysing the factors affecting the feasibility of alternative policies to address income inequality in Singapore.
title_sort analysing the factors affecting the feasibility of alternative policies to address income inequality in singapore
topic Social sciences::Political science::Public administration::Asia::Singapore
url https://hdl.handle.net/10356/158973
work_keys_str_mv AT muhammadismailyaacob analysingthefactorsaffectingthefeasibilityofalternativepoliciestoaddressincomeinequalityinsingapore