In the globalised world today, labour migration is a key element of social and economic life throughout all countries. It affects nearly most of the countries in the world and migrant workers contribute vastly to the progress and advancement of both the countries of origin and countries of destination. Singapore is of no surprise. Labour Migration has crucial significances on Singapore, and some may beg to differ. According to the Ministry of Manpower, there is an increase in foreign workforce through labour migration from 2012 of 1.2 million to 1.4 million in present day. Thus, it is of no doubt that labour migration might be beneficial to Singapore. By bringing economic boost, rising productivity and enhancing cultural diversity, labour migration …show more content…
Singapore was also graded second in the labour market efficiency and financial market development pillars. Moreover, Singapore possesses one of the world’s best institutional frameworks and world-class infrastructure, with air transport facilities and ports. Singapore could attain these achievements with the contribution of labour migration as a key factor which contributed to the successful construction of infrastructures and facilities. With these top-notch facilities and framework, it will attract potential investors to invest in our properties in Singapore, sustaining Singapore’s economy. Therefore, labour migration remained as an important source in economic growth to Singapore, reducing inflationary pressure on …show more content…
Singapore does not have natural resources and mainly require human capital to boost our economy. Labour migration will remain as a preeminent source for economic growth and development, upholding Singapore competitiveness in the global market. If there were no labour migration, our economy may not be what it is today. It also provides Singapore with vibrant and cohesive talents throughout the world. All these factors supersede the disadvantages of labour migration. Even though some obstacles might arise midway, numerous adjustments and solutions could be derived. However, labour migration in Singapore could hardly be eradicated even though we may resent them. We should consider about the positive and practical side of things and realise how much we should appreciate
Migrants have been the heart of building Australia into a strong economy. Migrants in modern Australia create jobs and business opportunities and continue to add to the rich social and cultural fabric of Australian society. Business Skills migrants create on average six new jobs and invest millions of dollars into the economy. They have brought new ideas and new technology to the areas of medicine, science, information technology, mining, primary industry and business. Their familiarity with different cultures, languages and lifestyles as well as how overseas business works has helped local companies compete in Australia and overseas. The current Migration Program is balanced and targeted to meet our economic, environmental and international objectives.
Mankind often migrates to modern, rich, multicultural countries, towns with high economies and good standard of living such as Prague, Germany, London, Los Angeles, New York and Shanghai. I would like to draw on the city of Shanghai. Shanghai is one of the most developed cities in the world due to this many people come to the town to find work. During 1983 and 2000 years the number of migrant workers increased from 0.5 million people to 3.87 million people. A large percentage of migrant workers work in manufacturing (25.8%).
Firstly to justify why countries limit their immigrations, there should be knowledge of the different types of immigrants as there are different reasons to leave from one country and move into another. In the last 30 years, the number of international immigrants has been estimated 191 million worldwide, two times as before. As ...
While cities have grown more prosperous due to the economy, China’s rural areas have seen little growth. Many Chinese have migrated from their rural homes to cities in order to gain better prospect for a job so they can take care of their families. Some even migrate to foreign countries for better economic prospects. It is estimated that the internal Chinese migrant population within China is around 145 million people. Wom...
African-American history in the Twentieth Century is best summarized by both the Civil Rights Movement, and the lesser known Great Migration, in which a large number of them made a move north, west, or overseas, between the years of 1910 and 1940. The broadest reason for this movement is the Jim Crow laws of the south, in which many of the regulations that were harmful towards those parties, whom were already affected by the institution of slavery within recent memory, were instituted. However, this is far from the only cause, of which there are many that span a wide range of reasons: the WWI economic boom, geographic mobility, and the racial antagonism faced on a widespread basis. The actual migration of African-Americans themselves is nothing new, as Sarah-Jane Mathieu notes in her work on the subject, “Movement has always characterized the African-American experience.”1 Whether it be the willful movement to the north for obtaining rights, or the plunder of these people from their homes, African-American Heritage is one of migration.
I interview my father who arrive to the united states from Mexico The major problem that motive my father to migrate to the U.S.A were as he mention on pages (1-2) was an economically problem has he said since he was a child he grew up in a farm with his parents and brothers and sisters and had many struggles since the only one that work was his father. My grandfather did all he could to give him an education and a better life that he had that’s the same idea he view for me when he become a father he was young and money was like the priority to care for the necessary that a child has, but to get money you need to have a job. With salary he earned at my grandfather farm he knew was not enough to support himself and a child and he could get any better job since he had not yet finish school so the only job he probably might had was a job that pay the same he was been pay at my grandfather farm.
Singapore as a country has had various transformations throughout its history, however the period 1950 and 1970 was quite critical. Much of these changes had a lot to do with the development of trade and manufacturing. This is without forgetting the financial sector where the intention was to come up with a financial hub that could be used in economic development. Looking at the case of Singapore, we would say that it is a productive economy with a very high market competition. This observation has been further clarified by the Swiss International Institute for Management Development, going with their report that they released in the year 2001 (Chellaraj & Mattoo, 2009). In this study, we intend to evaluate the case of political economy of development in Singapore and examine the tensions between the state and various economic institutions. In additions to examining this institution, we would also like to examine how these variables have contributed towards the attainment of favorable growth rates and economic prosperity.
Singapore’s education journey can be divided into three broad phases namely the Survival-Driven Education (1959 – 1978), Efficiency-Driven Education (1979 -1996) and the Ability-Based, Aspiration-Driven Education which Singapore has adopted since late 1990s. The education policies have evolved to address the context of the country’s stage of development and the challenges it faces at each point. More recently, we are transiting into a knowledge-based economy to face external challenges such as market volatility, increasing globalisation and rapid technological advancement. As Singapore does not have its own natural resources, it is a necessity to develop the people to their fullest to survive. And as the future becomes more volatile with rapid
The increase in population have both pros and cons on the effect of Singapore’s economic growth and standard of living. High population growth rate cause difficulty for countries to raise or maintain its current standard of living. As higher population means competition over household, foods, healthcare, and education. Government needs to pump more money to
Immigration poses an ongoing debate in which people are becoming increasingly unsure as to whether immigrants are benefiting their society. This paper will examine three of the main benefits of immigration: the increase in diversity it provides, the rise in skills and labor and the benefits to the economy. Immigration leads to cross-cultural integration, therefore increasing ethnic variety. This increase in diversity is beneficial as it leads to improvements in society, as well as educational development. Increased immigration also means there are more skills and experts available to the hosting countries, as well as extra workers to take up jobs that need filling. Immigration also leads to improvements in the economy as taxes are paid and employment and wages increase.
We will find out how Singapore manage to raises it economic development in such rapid growth aftermath of war and separation.
Martin, P., 2008. Another Miracle? ManagingLabour Migration in Asia.Bangkok, 20-21 September, 2008, Bangkok: United Nations.
Since Singapore gained sovereignty in 1965 from Malaysia, its politics has been dominated by the People Action Party. Under the leadership of People Action Party, Singapore has a “distinct political culture: authoritarian, pragmatic, rational and legalistic.” Economic growth and political stability were maintained by the People Action Party’s guidance. Thus, Singapore is corruption- free government where power is gained through skill and performance that attracted investments from other countries (“Introduction to Singapore’s political system”, 2011). Singapore scored the point of 1.33 in the 2009 World Bank’s governance indicators for the factor political stability. The government also opens a number of sectors such as financial services o, telecommunications, power generation, and retail to increase competition and foreign firms (eStandardsForum, February 2010).
Secondly, there are various disadvantages of immigration for countries like overpopulation, illegal immigration, brain- drain and impact on labor market. In today’s globalized era, most of the well educated people move to other country for better wages, better atmosphere as well as good accommodation. Moreover, it’s a big threat to their origin gradually they lose professional work
In addition, after the 2011 Singapore general election, the government of Singapore has greatly changed its economic approach and it seems to be better for the economy of Singapore so far. On the other hand, measures have also been taken to cool down the property market which has constantly affected inflation rates, also tightened the foreign labour policies that constantly influence the labour market and unfold its impacts onto the Singapore’s economy as it comes back in one round. The unemployment rate in Singapore has been maintaining itself as being one of the lowest numbers in the world. The majority of Singapore’s labour force is well educated and highly skilled. Even primary education is a must for all citizens (Economywatch.com, 2010). In addition, for the year 2010, Singapore had the 8th largest current account balance in the world at US$49.454 billion. To conclude, Singapore has come so far from its sunken economy since independence in 1965 to become a booming and prosperous economy that it is