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phantom_opera
19-01-13, 12:29
TCB's estimates see flat productivity in Singapore last year, down from growth of 1.5 per cent in 2011 and 9.4 per cent in 2010. That's in terms of GDP per person employed. On this basis, the European economies also posted zero productivity growth last year, while the United States, Japan and other mature economies saw 0.5 per cent gains.

=> aiyaya ... productivity gain failed back to immigration to grow GDP again

Allthepies
19-01-13, 12:38
TCB's estimates see flat productivity in Singapore last year, down from growth of 1.5 per cent in 2011 and 9.4 per cent in 2010. That's in terms of GDP per person employed. On this basis, the European economies also posted zero productivity growth last year, while the United States, Japan and other mature economies saw 0.5 per cent gains.

=> aiyaya ... productivity gain failed back to immigration to grow GDP again

Sigh, does it mean our native population really cannot make it? :beats-me-man:

Kelonguni
19-01-13, 12:43
Sigh, does it mean our native population really cannot make it? :beats-me-man:

Might be due larger economic reasons.

august
19-01-13, 14:33
Sigh, does it mean our native population really cannot make it? :beats-me-man:

if not for native population it would have been worse.

RCT
19-01-13, 16:52
Actually does GDP related to how well the people is doing?

Allthepies
19-01-13, 22:06
if not for native population it would have been worse.

Tat's very encouraging but I see a different picture, sincerely hope you are more correct.

Allthepies
19-01-13, 22:08
Actually does GDP related to how well the people is doing?

not sure really.

but I'm pretty sure Singaporeans are faring much much better than our neighbours.