Singapore's rapid ascent from Third World to First since its independence in 1965 has won it acclaim as an 'economic miracle'. Economic success has been accompanied by impressive achievements in social development, as reflected in international rankings of human capital and human development.The city state's achievements are founded on a socio-economic system characterised by low tax rates, flexible labour markets, and individual 'self-reliance', with state support centred on social investment in education and public housing.Entering the 21st century, however, slowing economic growth, an ageing population, global competition, and widening income dispersion have put the Singapore System under strain. This has prompted a significant refresh of social and economic policies over the past 15-20 years.This book aims to bring the reader up to date on Singapore's socio-economic development in the first two decades of the 21st century. It looks back to the shifts in policy thinking that have accompanied structural changes to Singapore's society and economy, taking stock of the policy innovations aimed at sustaining income growth, economic security, and social mobility. It looks around to compare Singapore's approach to those of other countries facing similar challenges, situating Singapore's experience in the wider international discourse on public policy. Finally, it looks ahead to how the Singapore System may evolve in the years to come.

This book is a collection of essays by thought and advocacy leaders, policymakers, and academics in Singapore who have been and are in positions of influence in shaping social policies, and hence the social context, in the country. These essays are meant to initiate discussion, promote debate and broaden understanding of the social issues at play, the challenges faced, and the trade-offs involved in enhancing social policies, strengthening the social compact, and shaping the social context in Singapore.This is done through addressing issues and challenges in (1) Government and Civil Society; (2) Education; (3) Employability and Employment; (4) Social and Family Development; (5) Demographics and Social Spending; (6) Healthcare and Healthcare Financing; (7) Urban Planning and the Environment; (8) Disruptions, New Technologies and Smart Nation.It is hoped this book will be useful for students of sociology, social policy or public policy, as they discuss the dynamics and trade-offs involved in planning, shaping and implementing social and public policies in Singapore. This book also hopes to inform and initiate dialogues among Singaporeans on the social issues and challenges we face in our city-state and which we have to collectively address as a nation.

What is the secret of effective government in today's complex and turbulent world? In this collection of essays written for Singapore's leading news organisations, public policy practitioner turned academic Terence Ho trains his focus on the issues of the day: education, demographics, economic growth, inflation, taxes and social support, among others.In unpacking these issues and what they mean for Singapore, Terence distils policy principles relevant to societies across the world as they grapple with the challenges of rising inequality, political polarisation, technological disruption, climate change and more.The essays in this collection draw insights from the author's nearly two decades of experience in Singapore's Public Service, recognised as one of the world's most innovative. They open a window into the future of governance in Singapore and beyond.

How can governments prepare for the future as economies and societies transform?In this collection of essays written for Singapore's leading news organisations, policymaker turned academic Terence Ho examines how Singapore is grappling with technological disruption, climate change, social stresses, leadership transition and fiscal sustainability, among other key issues. Tackling these challenges requires nimbleness in policy adaptation and innovation. This entails anticipating change, developing resource buffers and policy options, and taking measured risks. The essays in this collection draw on the Singapore experience to shed light on wider issues of governance and leadership that are critical for the long-term success of any nation.

Since 1965, Singapore has been propelled to the dizzying heights of first-world prosperity. Yet, the People's Action Party's signature style of technocratic elitism has come under increasing criticism by a new generation of left-leaning progressive scholars and activists condemning the excesses of neoliberalism. The PAP's mode of governance that prioritizes economic growth is criticised in favour of a vaguely European-style welfare state and greater state intervention.Bryan Cheang and Donovan Choy break this traditional pro-PAP versus anti-PAP dichotomy by providing a fresh classical liberal perspective. The authors contend that both sides discern only parts of the political puzzle correctly. This book envisions a new path forward for Singapore's policy-making, one characterised by greater competition & freedom. It critiques the conservative-right through a fresh take on the philosophical underpinnings of the 'Singapore Consensus': communitarianism, meritocracy and technocracy. The authors also engage with the new social democratic orthodoxy, demonstrating the dangers of egalitarian interventions & state-based environmentalism.Applying the interdisciplinary insights of political philosophy and political economy, this novel account recommends epistemic liberalism, a system of governance based on intellectual humility, limited government, and decentralisation.

This book presents a broad descriptive and quantitative evaluation of industrial policies in four East Asian economies OCo Japan, Korea, Taiwan, and Singapore OCo with a special focus on Singapore. The book offers a comprehensive overview of the discussions on the concept of industrial policy within the East Asian context and quantitative assessments of these policies through productivity analyses and CGE modeling, especially where Singapore is concerned. It demonstrates evidence for the positive role of industrial policies and government activism in welfare improvements and industrial development."

"One of the key themes of this book is to study economic crises and financial crises, and the policy measures that are available to manage them. The second key theme of the book is to review several public policies in Singapore, such as competition, healthcare, training, free trade agreements, state capitalism and inequality."--Publisher's description.

Despite the significant progress it had achieved in the past 60 years, especially in the past 30 years since Deng Xiaoping's reform initiatives in the late 1970s, China faces daunting challenges today. These challenges include, among others, a rigid political system that does not match economic vibrancy, uneven economic growth and widening income gap, a graying population, environmental degradation, potential social instability, ethnic tensions and separatist movement, poor international image, and military modernization. Based on papers originally presented at an international conference held at Bucknell University in Pennsylvania to mark the 60th anniversary of the People's Republic of China (PRC), this book provides an up-to-date, comprehensive, and authoritative assessment of the PRC's political, economic, social, ethnic, energy, security, military, diplomatic and other developments and challenges today. Contributed by scholars and experts in political science, international relations, economics, public administration, history, mass communication, psychology, and diplomacy, the book focuses on the efforts needed by China to grow in a sustainable manner and to become a respected global power. With each chapter addressing a different and yet an inter-related issue of the PRC's development, this book aims to make a significant contribution to the understanding of key challenges the country faces today as it strives to become a global power.

Thomas Piketty's book Capital in the Twenty-First Century has enjoyed great success and provides a new theory about wealth and inequality. However, there have been major criticisms of his work. Anti-Piketty: Capital for the 21st Century collects key criticisms from 20 specialists—economists, historians, and tax experts—who provide rigorous arguments against Piketty's work while examining the notions of inequality, growth, wealth, and capital.

"The social context of Singapore is changing rapidly, and understanding how people think, feel and behave in various situations has become a key driver of effectiveness in addressing social issues. 50 Years of Social Issues in Singapore provides a comprehensive review and examination of various social issues at multiple levels of analysis including the individual, group and society. This invaluable book adopts a translational approach to social issues in Singapore by explicitly bridging intellectual and practical perspectives. Contributed by a distinguished team of authors, the chapters examine the critical ideas underlying public debates of social issues and their policy and practical implications"--