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The TIP market consists of three players: the trafficker, the traffickee and the government. It is often fraught with agency problems of asymmetric information, moral hazard, divergent beliefs and incomplete contract between the traffickers and traffickee where the former often use psychological...
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This paper traces the development of the education sector from its nascent stage of serving economic development needs to the internationalization stage of fulfilling Singapore's aspiration to be a global education hub. The state plays an important role in guiding and fostering development of...
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This paper provides empirical estimates for the impact of R&D on economic growth in Singapore. The Cobb–Douglas based analysis found that R&D investment had a significant impact on total factor productivity performance in the last 20 years and established a long-term equilibrium relationship...
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