ESSAY PLAN:
Introduction:
Singapore 1975-1985 structural change from a labour-intensive to skills-intensive
economy. Plot the data to see when this shift came to being to finalise time period. Share of
GDP/employment ; build a table for share of GDP and employment for each sector over time.
Motivation: Singapore GDP per capita has grown to be the highest among Asian Tigers
(excluding Taiwan due to insufficient data – include footnote if not found). Maybe find
Taiwan data from other source?
GDP Per Capita Over Time
$90,000
$80,000
GDP per Capita (current US$)
$70,000
$60,000
$50,000
$40,000
$30,000
$20,000
$10,000
$0
60 63 66 69 72 75 78 81 84 87 90 93 96 99 02 05 08 11 14 17 20
19 19 19 19 19 19 19 19 19 19 19 19 19 19 20 20 20 20 20 20 20
Hong Kong SAR, China Korea, Rep.
Singapore World
o -
do not use nominal GDP; use real GDP data (fixed PPP or year) (index as base 100 for
each country at 1990). Plot how it evolved from 1990.
o Share of employment data.
Key Policies: looser immigration policy for skilled-workers (necessary) and human capital
investment.
Main paragraph 1:
Policy: Looser immigration policy for highly skilled workers
o Allowed skilled workers to enter the country
o Filled immediate gap of skilled workers required to build knowledge-based services
o Also allowed knowledge spillovers for natives to increase human capital quality
o Descriptive data:
Introduction:
Singapore 1975-1985 structural change from a labour-intensive to skills-intensive
economy. Plot the data to see when this shift came to being to finalise time period. Share of
GDP/employment ; build a table for share of GDP and employment for each sector over time.
Motivation: Singapore GDP per capita has grown to be the highest among Asian Tigers
(excluding Taiwan due to insufficient data – include footnote if not found). Maybe find
Taiwan data from other source?
GDP Per Capita Over Time
$90,000
$80,000
GDP per Capita (current US$)
$70,000
$60,000
$50,000
$40,000
$30,000
$20,000
$10,000
$0
60 63 66 69 72 75 78 81 84 87 90 93 96 99 02 05 08 11 14 17 20
19 19 19 19 19 19 19 19 19 19 19 19 19 19 20 20 20 20 20 20 20
Hong Kong SAR, China Korea, Rep.
Singapore World
o -
do not use nominal GDP; use real GDP data (fixed PPP or year) (index as base 100 for
each country at 1990). Plot how it evolved from 1990.
o Share of employment data.
Key Policies: looser immigration policy for skilled-workers (necessary) and human capital
investment.
Main paragraph 1:
Policy: Looser immigration policy for highly skilled workers
o Allowed skilled workers to enter the country
o Filled immediate gap of skilled workers required to build knowledge-based services
o Also allowed knowledge spillovers for natives to increase human capital quality
o Descriptive data:
