25-09-2021 07:27 PM | ||
Unregistered | wow interesting | |
06-06-2007 11:02 AM | ||
Salary.sg |
Maybe it's rosy after all Responding to the letter writer who saw a not-so-bright future for the working class in Singapore, another writer to the Straits Times Forum pointed out a flaw in the former's argument. The latter writer said, even though Singapore's GDP is considered low at US$129m, when viewed in another way, it's actually a respectable US$29,320 on a per-capita basis. That is, if we take GDP divided by the population, we get a GDP-per-person value, or how much GDP is there for each resident in Singapore. In fact, at US$29,320, it is "one of the highest per-capita incomes in the world." She also cited a report by Mercer Human Resource Consulting, called 2007 Quality of Living Survey which ranked Singapore rather favourably. I took a look at that report and found some interesting tidbits: - Singapore is actually the best among what I call "non-western" countries, i.e. countries with Asians forming the majority population. (So this excludes Australia and New Zealand in Asia Pacific countries.) - But if we include "western" cities, we are ranked 8th in Asia Pacific, behind Auckland, Sydney, Wellington, Melbourne, Perth, Adelaide and Brisbane. - The only other "non-western" country featured in the top 50 is Japan, which has 4 cities in the top 50 - Tokyo, Yokohama, Kobe and Osaka - all ranked below Singapore. The letter writer also mentioned a report by ECA International, which compared real salary increases among various countries. I found an article in ECA International's website talking about that report, but it has this to say: Quote:
http://www.salary.sg/2007/maybe-its-rosy-after-all/ |