Australia is a country that overhauled its pension and healthcare system and it is paying dividends. It is now well recognised. The poor and the vulnerable don;t have to go to Johor. The only Aussies flying to Thailand are for cosmetic surgery.
I remember that an NUS economist lecturer did a lot of research in this space and offered to spearhead the change. He was threatened if he released his paper. I forgot his name.
I remember that an NUS economist lecturer did a lot of research in this space and offered to spearhead the change. He was threatened if he released his paper. I forgot his name.
Old man always wanted people to know how much the state was "subsidizing" them. To tell them no free lunch. Singaporeans are amazing. They will simply accept that NS is the people subsidizing the state and their CPF is subsidizing fat cats.