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The Art of Adjustment. Social Policy in Singapore

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Pielinski B.
Polityka Społeczna
|
2007
|
vol. 34
|
issue 3(396)
22-26
EN
Despite that Singapore is one of the most opened economies in the world and it has a very low level of the public expenditure on social security and welfare, it also has very sophisticated social policy system. It consists of three main institutions (Central Provident Fund, Housing Development Board and National Wages Council) which allow the Singaporean government not only to resolve some social problems but also to control the political system, the wage structure and the housing market of the island. The main characteristics of the social policy in Singapore are: extort thriftiness, flexibility and cooperation with foreign capital. Because the social policy in Singapore has been shaped by the economic openness and some elements of democracy, it is allowed to say that the future shape of the welfare mix in many others countries will be similar to the Singaporean institutional pattern
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