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BestsellerE-book
Author Lim, Chong-Yah, author.

Title Singapore's National Wages Council : an insider's view / Lim Chong Yah.

Publication Info. Singapore ; New Jersey : World Scientific, [2013]
©2014

Item Status

Description 1 online resource (xxxv, 397 pages) : illustrations
Physical Medium polychrome
Description text file
Bibliography Includes bibliographical references and index.
Contents About the Author; Acknowledgements; Preface; CONTENTS; List of Tables; List of Figures; List of Photographs; A Chronicle of Main Events, 1972-2000; Part 1 Lectures and Articles on NWC; Chapter 1 Tripartism in Singapore: The Wage Guideline System Lecture given to Nanyang Technological University (NTU) undergraduates in February 2011; Introduction to NWC; Genesis; Nomenclature; Objectives; Structure; Meaning of neutrality of Chairman; Place of meeting; NWC secretariat; Decision Making Mechanism; Consultative process; Position papers; Unanimity principle; Chatham House principle.
Roles of the GovernmentPrime Minister and Cabinet; Economic Development Board; Ministry of Finance; Ministry of Manpower; Ministry of Trade and Industry; High Court; Determination of Guidelines; Sectoral guidelines; Quantitative guideline; Qualitative guideline; Minimum wage system; Seniority-based system; Flexible wage system; Fringe benefits; Off-setting mechanism; Wage Guideline System; Non-mandatory guideline system; Mandatory CPF changes; Determining Criteria; Inflation rate (CPI); Ability to pay by employers (including the Government); Balance of payments; Income inequality.
CompetitivenessWage/GDP ratios; Relative unit labour cost; Exchange rate adjustment; Unemployment rate; Productivity growth rate; Nominal and real GDP growth rate; Other Conceptual Cobwebs; Zero sum game; Needs-based versus contributions-based; Sustainability issue; Bankruptcies and creative destructions; Perception gap; Two-tier industrial relations system; Chairman as spokesman; Wages and Labour Supply; Female workers; Retirement age; Foreign workers; Wages and Labour Demand; Investment climate; Competitive wages; Quantity and quality of investment; Works Cited.
Chapter 2 Industrial Relations, Economic Restructuring and Exportability of the NWC Model Lecture given to Nanyang Technological University (NTU) undergraduates in February 2011Part (1): NWC and Industrial Relations; Mediation and conciliation; Compulsory arbitration; Keys to industrial peace; Critical role; Airline pilots' association Singapore; Part (2): NWC and Economic Restructuring (1979-1981); The need for economic restructuring; High wage policy; Muting the inflationary impact; Objective of restructuring; Use one worker instead of two; Creation of economic restructuring fund.
Creation of training and retraining programmeTotal factor productivity model; Revised objectives of NWC; Part (3): Exportability of the NWC Model; Fiji; Hong Kong; Malaysia; South Korea; New Zealand; Fundamental principle; Mauritius; Conclusion; Supplementary Readings; Chapter 3 Crises Management and External Assessments Lecture given to Nanyang Technological University (NTU) undergraduates in March 2011; 1973-1974 Crisis; Diagnosis; Solution; 1985 Crisis; 1998 Crisis; 2001-2003 Crisis; 2008-2009 Crisis; Countervailing measures; Commonalities of Crises; 1. Externally-induced.
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject National Wages Council (Singapore)
National Wages Council (Singapore)
Wages -- Government policy -- Singapore.
Wages -- Government policy.
Singapore.
Genre/Form Electronic books.
Other Form: Print version: Lim, Chong-Yah, author. Singapore's National Wages Council 9789814525749 (DLC) 2013041950 (OCoLC)862149193
ISBN 9789814525756 (electronic book)
9814525758 (electronic book)
9789814525749
981452574X