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 Post subject: Singapore's Economy Is Maxed Out
PostPosted: Sun Oct 07, 2012 10:11 am 
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Singapore's Economy Is Maxed Out -> http://seekingalpha.com/article/905081- ... -maxed-out

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Singaporeans work on average, 650 more hours per year than both the U.S. and Japanese workers.
Singapore, it needs to be noted, is a very small country. The total population is 5,312,400 people in a land area of only 714.3 square kilometers. The population density is 7,257 people per square kilometer. In NYC, the population density is 10,194 people per square kilometer.
So Singapore is like one big city.
In terms of total annual hours worked, it seems 2400 is the maximum and Singapore is maxed out on that juncture.
Another factor in measuring work in a country is the percent of the population that is employed in a job.

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Some writers have so confounded society with government, as to leave little or no distinction between them; whereas they are not only different, but have different origins. Society is produced by our wants, and government by our wickedness; the former promotes our happiness Positively by uniting our affections, the latter negatively by restraining our vices. The one encourages intercourse, the other creates distinctions. The first is a patron, the last a punisher. Thomas Paine


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 Post subject: Re: Singapore's Economy Is Maxed Out
PostPosted: Fri Nov 02, 2012 7:29 am 
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Singapore Managers Turn Delivery Men in Labor Crunch: Economy -> http://www.bloomberg.com/news/2012-11-0 ... onomy.html

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At Pine Garden’s Cake Pte., Wei Chan used to have three drivers delivering chocolate and martini- flavored cakes around Singapore. Now, the head of the company transports the goods himself because he can’t get enough workers.

A government push to reduce the city-state’s reliance on cheap imported labor has led to an emerging shortage of workers and increased business costs. The squeeze has left Chan with only one driver, a Chinese national, after he failed to obtain new permits to replace the other two.

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Some writers have so confounded society with government, as to leave little or no distinction between them; whereas they are not only different, but have different origins. Society is produced by our wants, and government by our wickedness; the former promotes our happiness Positively by uniting our affections, the latter negatively by restraining our vices. The one encourages intercourse, the other creates distinctions. The first is a patron, the last a punisher. Thomas Paine


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