SINGAPORE CHALLENGE

According to former GIC Chief Economist, Yeoh Lam Keong, 110,000 to 140,000 households in Singapore are unable to meet basic needs, where60% of these households have at least an individual earning an income. This highlights certain structural issues at play, which cannot merely be resolved through the hard work of an individual.

On a macro level, there is a need to re-examine the role of the government and individual responsibility and adjust wages so that everyone can earn an income that meets their living needs. On a micro level, addressing mindsets and judgements surrounding people living in poverty is crucial to tackling poverty and building an inclusive society. No one chooses to live in poverty.

Read more: The Four Myths of Inequality in Singapore
Read more: Why Low-Income Parents May Make ‘Poor Choices’

Leave a Reply

Your email address will not be published. Required fields are marked *

BECOME A ONE (SINGAPORE) MEMBER