Indian Professional Workers in Singapore
Seema Gaur
Chapter 10 in Mobility, Labour Migration and Border Controls in Asia, 2006, pp 193-210 from Palgrave Macmillan
Abstract:
Abstract Falling fertility in most developed countries, as well as in high-income developing countries like Singapore, has led to population ageing, and is causing serious labour shortages. Consequently, the achievement of growth objectives has become increasingly dependent on foreign labour. Globalisation, the expansion of multinational corporations (MNCs), growing intra-firm linkages, the demands of a knowledge-economy requiring highly skilled workers and the need to maintain international competitiveness, are adding to this process. Under the globalised production regime based on cost minimisation, multinational firms are relocating production and services as well as outsourcing to cheaper locations. Policy makers in these countries are also facing the dual challenge of rising structural unemployment due to economic restructuring on the one hand, and the need to provide knowledge workers on the other. The question then arises; what role can labour migration play in moderating the effects of population ageing and alleviating labour shortages, as well as maintaining the competitiveness of knowledge-based economies?
Keywords: Skilled Labour; Permanent Resident; Foreign Worker; Foreign Labour; Indian Labour (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50346-5_10
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DOI: 10.1057/9780230503465_10
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