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’ seminar on Monday. Full story
