Enhancing public debate on inequality in Singapore

Enhancing public debate on inequality in Singapore

June, 2014
Mukul G. Asher & Chang Yee Kwan
The publication of Thomas Piketty’s 2014 book Capital in the 21st Century has brought the issue of income inequality to the fore of public policy debates in many countries. This is remarkable, given the book’s length (696 pages), the intricacy of the historical data series that forms the statistical foundations of the book’s main propositions, and its relatively narrow geographical focus (mainly the US, the UK, and Western Europe). The issues of inequality, social mobility prospects, fairness and adequacy of social protection arrangements have recently risen to prominence in public policy debates in Singapore, and this is likely to continue.