For subscribers
From Third World to First: Do Singaporeans in their 40s today have it better?
Each generation of Singaporeans in their 40s has it better than the previous one, but red flags may be emerging over home ownership and marriage rates, a Ministry of Finance report shows. Insight takes a look.
Sign up now: Get ST's newsletters delivered to your inbox
The report affirms the national belief that one can have a fair chance in life, regardless of who one's parents are.
ST PHOTOS: GIN TAY, ONG WEE JIN, DIYANA TAHA
DeeperDive is a beta AI feature. Refer to full articles for the facts.
It has often been pointed out that Singapore progressed from Third World to First in a single generation - but how have things really stacked up in terms of progress for the lives of successive generations of Singaporeans?
Last week, the Ministry of Finance (MOF) released a report that looks at this very issue. It tracks the status of four generations of Singaporeans in their 40s.
