Comments by "Zhi Han Lee" (@lzh4950) on "Asianometry"
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Singapore's government spending as a % of GDP is relatively low too I recall (~25%, & our biggest component of government spending (defence) is 'just' 3.5% of GDP), & it's less on welfare handouts/benefits (because there isn't much populist political pressure to have that; we can argue that it'd be delusional/spoilt to demand that because we lack natural resources, we used to be poor & don't want to be complacent etc.) but more on longer-term projects e.g.
- career retraining & other education (as a small, densely populated country, we probably have more economies of scale, as our population is spread over a smaller area, so you can serve them with fewer bigger schools (typically ~1600-2400 students/school, & previously we had some classes schooled in the morning & others in the afternoon, so each classroom can be reused daily by 2 classes, saving on the infrastructure needed). They typically get closed down/merged with other schools once the student population dips below ~500 (3 classes per level in secondary schools, which is equivalent to 7-10th grade), but in more rural areas in other countries I think some schools won't even have that many students.
- infrastructure (might help too that construction labour is cheaper since they're mostly migrant workers who remit their pay to their families living in countries where costs of living are lower, & aren't allowed to move to Singapore to live too (unless they're working here too). The government can be quite conservative with expanding transport infra too sometimes e.g. waiting for a neighbourhood to be populated for a few decades before adding a train station there, usually choosing the lowest bidder for construction projects (though sadly some contractors have gone bankrupt halfway). Fortunately public transport fares are cheaper here, probably because while other countries may discourage private transport by having highways privatised & higher tolls charged by the private companies that have the highways' concessions, or having more expensive parking fees in downtown, which leads to the negative externality of private transport e.g. congestion, air pollution be internalised by private companies, in Singapore these are internalised by the government instead e.g. high car taxes, though parking & tolls are cheaper (our roads aren't privatised either), & the government can use the derived revenue to fund public transport projects),
- health insurance (but our government's healthcare spending/subsidies can be more discriminating in some circumstances e.g. 1 of my ex-schoolmate's mother was reportedly not insured by the government's vaccine insurance programme when she faced chronic arm pain after her Pfizer-B&T CoViD-19 injection & had to go for physiotherapy/TCM treatment, as our Ministry of Health allegedly refused to recognise that as a "vaccine injury" (& might've blamed that on other factors in her lifestyle too e.g. other pre-existing (?) chronic illnesses/ailments). Another countrymen also found himself disqualified from public health subsidies at a public hospital that he was referred to by an outpatient doctor (who wasn't sufficiently equipped to treat his condition) as that doctor was in a private instead of a government clinic. Dental procedures are also often not insurable in this country, & our government had also announced it'll refuse to subsidise treatment for those who travel overseas (earlier on) & now unvaccinated people too, if they get infected by the pandemic.)
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@jlo7204 Yup I think Micron now has an IT office in Hyderabad. & China (the other major countries that many Singaporeans' ancestors had migrated from) also has many different regional languages (or dialects as they're called, as they share the same script as Chinese but with each character pronounced differently) e.g. Hokkien, Foochow/Hockchew, Shanghaiese, Cantonese, Hokkien, Teochew, but China was more forceful than India in pushing everyone to speak the same language (Mandarin, the language native to the Beijing capital region). This is probably reflected in Singapore's educational policy too, where multiple Indian languages are offered as subjects (Gujarati, Punjabi, Urdu, Bengali & Hindi, besides Tamil, though only available in 1 level of difficulty instead of 3) but the only Chinese language offered is Mandarin.
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Some costs associated with child-rearing have definitely risen over time in Singapore, where I reside e.g. milk powder prices have risen so much (S$50-80/tin now; or ~US$35-60) that the government has setup a task force to look into it, which I think has also been partially attributed to demand for child-rearing-related goods & services being more price inelastic - since parents want the best for their children, it's believed they'd be more willing to pay more for child-rearing goods & services e.g. childcare, which was ~$250/month ~20 years ago (at government-run ones; private operators could charge closer to S$1000) when I was a child but ~S$900 today. Monthly school bus fares was also ~s$40 ~20 yrs ago (which has been traditionally lower than market rates) but can be ~$200+ now, which on the flip side has also brought them closer to market rates I think (~S$120/trip/~47-seater bus), so drivers might not be as incentivised to ferry students to school much earlier than school starting time (I've heard it can be up to 50min before the school start time of 0715h; though in my school the buses usually reach around 7 instead, but anyway it still means that students have to wake up even earlier for school), as that'd allow drivers to also ferry factory workers (who're more profitable as their employers pay market rates for the service, & factories here, including their offices), usually start work around 0800h). For comparison, a fresh graduate's starting pay here is around S$3-4k monthly
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@thetigerii9506 As a citizen there I'd say a difference for Singapore is that our big businesses are either mostly government-founded & linked (via the gov't investment companies Temasek Holdings & GIC, similar to Qatar's QIA) or foreign MNCs, so the gov't isn't subject to much political lobbying. Relying more on foreign investment e.g. the MNCs to grow the economy meant both that you'd need to eradicate corruption (to attract them) & provide favourable working conditions e.g. lower corporate taxes (though some other taxes are high), more agreeable labour unions (likely made more possible after the gov't, somewhat opportunistically, took more control of them after some bus driver unions caused riots in ~1955). So we sometimes get told things like that we "must understand" that we "don't deserve" a pay rise because we haven't been more productive (but meanwhile such a conditional arrangement has been rejected in other countries e.g. by protesters campaigning for higher minimum wages in the USA). So citizens often aim 'higher' when it comes to occupations e.g. favouring white collar more strongly over blue collar jobs (as they're seen as getting less protection), & it also happens that many people working in jobs more likely to be unionized e.g. blue collar ones are immigrants, who're banned from unions also. Think our former PM also accused staff of our national airline of treason when they went on strike previously, & thus had them deported. & you could more easily fight against calls for more work-life balance with warnings like that we'd become uncompetitive, that our foreign investors e.g. MNCs could always pack up & leave, that other countries/competitors are always waiting by to "gobble up our fish", or when our PM previously countered by saying something like "But our immigrants from less developed countries aren't asking for work-life balance though"
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Singapore is also pretty near Malaysia with its lower costs (& Iskandar, the part of Malaysia's southern state of Johor that's closest to Singapore, has sometimes been called "the next Shenzhen") but these are under different governments that compete against each other/one another (e.g. Malaysia had under former PM Mahathir Mohammad been angling more strongly to replace the Causeway connecting the 2 countries with a bridge, as only the former blocks the Johor strait (which separates the 2 countries) & thus would theoretically (realistically I'm not so sure since the strait is relatively narrow (~1km), so I imagine it might also be proportionately shallower, and thus more unlikely that larger ships could sail through there) divert more container ships away from Malaysia's ports to Singapore's port (on the other side of the country, the southern coast, facing away from Malaysia). Johor's state government can sometimes disagree with Malaysia's federal government also I think, & I've heard of some 'conspiracy' theories that Singapore might want to drive a rift between them by being friendlier to Johor's government (with many of its residents working in Singapore too before the pandemic)) so I can imagine Singapore put it more effort to prevent too much of it's industries from offshoring to Malaysia (though I heard ASM doing so. Maersk Sealand also hopped from Singapore's ports to Johor's Port of Tg Pelepas (PTP) as it was cheaper & more flexible, but I heard it later returned to Singapore in 2017 as it was more efficient). As for HK & Shenzhen I'm thinking how much of the decision-making lay with the central government (based in Beijing) rather than the more local governments of those 2 cities, so I'm also not sure how much control HK would have had over the offshoring of its secondary industry to the mainland
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