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Thread: SG productivity growth flat in 2012

  1. #1
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    Default SG productivity growth flat in 2012

    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
    Ride at your own risk !!!

  2. #2
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    Quote Originally Posted by phantom_opera
    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?

  3. #3
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    Quote Originally Posted by Allthepies
    Sigh, does it mean our native population really cannot make it?
    Might be due larger economic reasons.

  4. #4
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    Quote Originally Posted by Allthepies
    Sigh, does it mean our native population really cannot make it?
    if not for native population it would have been worse.

  5. #5
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    Actually does GDP related to how well the people is doing?

  6. #6
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    Quote Originally Posted by august
    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.

  7. #7
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    Quote Originally Posted by RCT
    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.

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