A change in the economic policy goal? Too little too late?
At a dialogue session organised by the Economic Strategies Committee (ESC) yesterday, Finance Minister Tharman Shanmugaratnam claimed that one of the targets of the ESC is to increase the median wages of Singapore worker by one-third from $2,400 today to an inflation-adjusted $3,100 in year 2010. This represents an average real increase of 2.4% per [...]
Read more on The Temasek Review