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| Name | Minimum Income Standard 2023: Household Budgets in a Time of Rising Costs |
| Video Uploader | Video From Lee Kuan Yew School of Public Policy |
| Upload Date | This Video Uploaded At 03-10-2023 02:35:10 |
| Video Discription | How much income do households need for a basic standard of living? In 2019, Singapore’s first study on Minimum Income Standards (MIS) was published, focusing on older adults. A follow-up study on working-age households was completed in 2021. This year, the MIS Singapore team updated the MIS budgets to capture the impact of price inflation. The findings were presented at this report launch. High inflation in recent times has sparked anxiety among Singaporeans, raising concerns about living costs and the meeting of basic needs. This latest report presents the budgets that different types of households need amidst rising costs. It compares the budgets with actual work incomes, reviews the adequacy of Singapore’s approach to wage protection and examines various public schemes relative to basic income needs. As we emerge from the pandemic and look towards the future, this research provides an explicit measure of human flourishing. It serves as a timely reminder of the importance of enabling everyone in society to achieve respect, belonging, security and independence. Learn more about the Social Inclusion Project here: https://lkyspp.nus.edu.sg/research/so... To view the full report and read more about MIS, please visit here: https://whatsenough.sg/ #GovernancefortheFuture #publicpolicy #policymatters #minimumincomestandards #livingwage ================================================ Visit us Website: http://lkyspp.nus.edu.sg Follow us on Facebook: http://facebook.com/nuslkyspp Twitter: http://twitter.com/lkysch Instagram: https://www.instagram.com/lkyspp/ LinkedIn University Page: https://www.linkedin.com/edu/school?id=42060 Subscribe and click on the bell icon to be the first to watch our videos! 🔔 |
| Category | Education |
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