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Tuning up S’pore’s twin economic engines of labour force and productivity

This week, Insight examines the role of the workforce in growing Singapore’s economy and how to deal with looming challenges to its capacity to generate growth as well as ensure this growth is inclusive.

Updated

Published

May 04, 2024, 05:00 AM

SINGAPORE – Theory holds that economic growth is driven by the labour force and its productivity.

To this end, policymakers can grow the size of the labour force or target productivity rises.

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