Singapore Expats Forum

WSJ: Singapore Inc. Needs a Rethink, Economists Say

A moderated forum for serious discussions only.
User avatar
carteki
Editor
Editor
Posts: 1237
Joined: Mon, 28 Apr 2008
Location: Singapore
Contact:

Postby carteki » Wed, 18 Jan 2012 1:55 am

JR8 wrote:c) By definition SG is going to have a relatively high Gini Coeff because it has stacks of imported Banglas earning peanuts, and at the other end imported FT and regional wealth exiles. NOW, if you could strip those out of your sample, and look at wealth distribution amongst SGns, that might tell us more.


Okay, not quite so skewed now but $4m+ for the PM and other ministers vs $1,500 for more than a few? There still is an inequality in the spread of the wages, although a great deal I guess has to do with skills. I haven't seen equally qualified SG'ers discriminated against on the salary scales vs foreigners (esp with the somewhat demise of the expat package).

User avatar
zzm9980
Governor
Governor
Posts: 6842
Joined: Wed, 06 Jul 2011
Location: Once more unto the breach

Postby zzm9980 » Wed, 18 Jan 2012 9:39 am

JR8 wrote:
carteki wrote:To be seen to be giving the masses what they want, rather than actually doing so?


I'm not sure the bottom 10% are reading geeky political papers.


It will be read (but likely not properly understood), excerpted and taken completely out of context on asia1 and other local forums, trust me.

edit: and they have started... Their entire take away is it is all the fault of foreigners. :D

User avatar
nakatago
Moderator
Moderator
Posts: 8333
Joined: Tue, 01 Sep 2009
Location: Sister Margaret’s School for Wayward Children
Contact:

Postby nakatago » Wed, 18 Jan 2012 9:47 am

zzm9980 wrote:and they have started... Their entire take away is it is all the fault of foreigners. :D


Image


  • Similar Topics
    Replies
    Views
    Last post

Return to “Strictly Speaking”

Who is online

Users browsing this forum: No registered users and 0 guests