Widening Wealth Gap Weighs on Lee’s Ruling Party Before Singapore Vote

Bloomberg, 6 May 2011
Singapore’s Prime Minister Lee Hsien Loong, whose party’s five-decade rule oversaw a 41-fold jump in gross domestic product, may find past success doesn’t sell as well to younger voters in tomorrow’s election.
Singapore’s success has fueled wider income inequality, with the world’s highest share of dollar-millionaire households contributing to pressure on property and consumer prices. The opposition has called for more limits on the influx of foreign workers that make up the majority of construction and shipyard employees, and urged further steps to contain home prices. Full story

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