Economic growth and productivity in Singapore and South East Asia

Bali, Azad Singh; McKiernan, Peter; Vas, Christopher; Waring, Peter

doi:10.4324/9780429488900-2

Cited by 3 publications

(3 citation statements)

References 1 publication

Supporting

Mentioning

Contrasting

Order By: Relevance

“…However, although job quality and upskilling are important policy outcomes, productivity remains the primary concern in the mix: “raising productivity is not just our most important priority but enables us to build a better society. Higher productivity is the only sustainable way to raise incomes for ordinary Singaporeans, and provide jobs that give people a sense of responsibility and empowerment” (Shanmugaratnam, 2013; cited in Bali et al , 2019, p. 1).…”

Section: Discussionmentioning

confidence: 99%

君子 Junzi leadership in Singapore: governance and human capital development

Queux

Kuah

2020

JMD

View full text Add to dashboard Cite

PurposeThis paper provides insights as to how a Confucian-inspired Junzi style of leadership translates into initiatives toward human capital development in Singapore. After reviewing tripartite governance in Singapore, we discuss the character of Confucian leadership: how does this value system inform the moral economy of the Singaporean corporatist model and inherently come to impact upon the conception and significance of human capital.Design/methodology/approachThe case approach was employed using multiple sources of secondary data, supplemented by interviews with high-profile informants in Singapore. Multiple sources led to data triangulation in presenting a mutually consistent set of evidence. The paper also draws from a longitudinal observation of Singapore's industrial relations and human resource development (HRD) policies over the last 10 years since the Global Financial Crisis.FindingsOrganized along two thematic areas: governance and human capital development, this paper proposes and finds that governance in Singapore displays an institutionalized form of Junzi leadership that translates into policymaking toward human capital development.Originality/valueThis paper brings about an Asian perspective of Junzi leadership toward management and governance. The Confucian value system intrinsic to tripartite governance provides an original heuristic lens that helps shed a light on the significance of human capital development in Singapore.

show abstract

Section: Discussionmentioning

confidence: 99%

君子 Junzi leadership in Singapore: governance and human capital development

Queux

Kuah

2020

JMD

View full text Add to dashboard Cite

show abstract

“…The theory of DC or the DCV developed by Teece et al (1997), was both an extension to and a reaction against the limitations of the RBV, to interpret the development and redevelopment of resources and capabilities to address rapidly changing business environments (Bali et al, 2018). DCV moves the discourse passed the limited notion offered by RBV that sustainable CA is based on a firm's ability to acquire valuable, rare, inimitable, and nonsubstitutable resources (Newbert, 2008; Razzak et al, 2022).…”

Section: Literature Reviewmentioning

confidence: 99%

Sustainable supply chain management practices, dynamic capabilities and competitive advantage: Evidence from Bangladesh ready‐made garments industry

2023

View full text Add to dashboard Cite

The ready-made garments (RMG) production industry in Bangladesh has achieved a major presence in the global fashion apparel supply chain particularly due to the competitive advantage (CA) primarily attributed to its' large pool of low cost labor. However, the competitiveness of this industry is under threat from other emerging economies that are rapidly becoming lower cost production sources. As a result the Bangladesh RMG sector is under pressure to find alternate sources of CA by introducing sustainable supply chain management (SSCM) practices along with improving the dynamic capabilities (DC) of the RMG manufacturers. However, the extant literature indicates that there is a dearth of sufficient empirical evidence on whether SSCM practices in combination with improvements in management and technological capabilities of such enterprises leads to gains in CA. In order to address the aforesaid gap, this study draws on the integration of the SSCM practices view and the DC view, to propose a set of relationships that posit that environmental, social, and economic sustainability measures of SSCM practices along with management and technological capabilities will have a significant influence on CA. The hypotheses are tested by applying structural equation modeling on a sample of 345 export-oriented RMG manufacturers in Bangladesh. The findings indicate that influence of social sustainability, along with management and technological capabilities, on CA is positive and significant. While the relationship between environmental and economic sustainability and CA were not significant.

show abstract

“…With rapid economic growth that propelled it from a poor developing country to one of the richest and most industrialised countries in the world in merely three decades (Ng, 2013 ), Singapore has experienced acutely the various duality-inducing developments outlined in the previous section. As a highly globalised economy, many of the technological adoption, performance management, and cost reduction practices are often promptly adopted (Bali et al, 2019 ; Ng et al, 2018 ; Stanton & Nankervis, 2011 ; Teo, 2007 ; Wan, 2003 ). From a small trading post, Singapore’s rapid economic growth began with labour-intensive manufacturing in the 1960s and 1970s (Chiu et al, 1997 ; Pang & Lim, 2015 ).…”

Section: Pandemic Disruption In a Polarised Labour Marketmentioning

confidence: 99%

Separate Lives, Uncertain Futures: Does Covid-19 Align or Differentiate the Lives of Low- and Higher-Wage Young Workers?

Tan²,

Chua³

et al. 2022

Applied Research Quality Life

View full text Add to dashboard Cite

With labour markets already polarised in industrialised economies, if Covid-19 worsens this polarity, young people could be more severely affected. This is because their entry into a post-pandemic economy has ramifications for their divergent or convergent career trajectories far into the future. Therefore, on the premise that work life is central to quality of life, this article assesses the effects of low wage and Covid-19 on the psychological outlook of young people in Singapore. We found that Covid-19 did worsen polarisation. On average, higher wage workers telecommuted more and had more work, but low wage young workers bore the brunt of earnings loss and job disruption. Low wage respondents also experienced poorer psychological well-being, even after adverse child experiences, highest educational qualification and occupation type were controlled for. However, higher wage workers might be more psychologically affected by the Covid-19 impacts. This might be because low earning workers are more accustomed to employment instability. These findings suggest the urgency of policy attention to help low wage young workers recover from Covid-19.

show abstract

Economic growth and productivity in Singapore and South East Asia

Cited by 3 publications

References 1 publication

君子 Junzi leadership in Singapore: governance and human capital development

君子 Junzi leadership in Singapore: governance and human capital development

Sustainable supply chain management practices, dynamic capabilities and competitive advantage: Evidence from Bangladesh ready‐made garments industry

Separate Lives, Uncertain Futures: Does Covid-19 Align or Differentiate the Lives of Low- and Higher-Wage Young Workers?

Contact Info

Product

Resources

About