Labour Economics And Public Policy: Managing The Labour Markets For Competitiveness
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A01=Soon Beng Chew
Author_Soon Beng Chew
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Labour Market Competitiveness
Labour Unions
Macro-Focused Union
Union as a Public Good
Union Social Responsibility
Product details
- ISBN 9789813149809
- Publication Date: 23 May 2017
- Publisher: World Scientific Publishing Co Pte Ltd
- Publication City/Country: SG
- Product Form: Hardback
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This book serves as a textbook on labour economics and public policy in labour markets.It also shows how Singapore has been successful in establishing a world class labour market. One attribute of such a labour market is the high purchasing power of wages for the average worker for essentials such as housing, healthcare, quality education for children and retirement consumption, which motivates Singaporeans to work hard. The second attribute is a macro-focused labour union that works closely with the government, and is able to prevent excessive wage increase.
