FT policy may have helped widen income gap: panel

[Johorat]

Government policies to draw foreign talent into Singapore likely helped widen the income gap in Singapore, a study by the Institute of Policy Studies (IPS) found.

 

"Rising tide of foreign workers almost certainly impacted wage growth at parts of the income distribution and thereby worsened inequality," said Manu Bhaskaran, adjunct senior research fellow at IPS who chaired a panel on "Economics: Business as usual, no longer?" for IPS

[Kiadaw]

Widening income gap is a good thing?

 

Would anyone said being obese likely helped you to get heart related problem? Or smoking likely helped someone to get lung cancer.

 

Very terrible choice of words used.

 

Anyway, back to topic.

 

There is nothing in the report that we not already know.