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by Joel Aufrecht
05:35 AM, 07 Apr 2008
Student presentations.
CPF changes in 2007CPF is Singaporean Social Security. The first presenter spends 6:30 giving a recitation of minor details of the 2007 changes to the CPF, presented devoid of context or interpretation. Example: "By legislating re-employment by 2012, to require employers to offer re-employment to workers reaching 2 up to age 65, and eventually to 67". Second presenter: Analysis. Will the reforms encourage people to work longer? will they benefit low/middle income/older? Will the resource be enough [sic]? More reading verbatim from slide. Do the changes actually benefit low/middle? Not really. Questions: What does it mean that the plan allows reduction of older workers' wages? Joel's evaluation:
Prof's evaluation: presentation doesn't refer to any economic concepts from class. Public Housing Subsidy: UK vs Singapore
Singapore Healthcare Policies and FinancingIn 2005 Singapore spent 3.8% of GDP (with government contributing a total of 0.9% of GDP, or about a quarter.) Would love to see that directly contrasted with other countries (the US as the most expensive, Japan, the other Tigers, etc). Oh, now we get some pointless small details.
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