Financial times - Singapore tries to shore up disillusioned middle class ahead of ele

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Financial times - Singapore tries to shore up disillusioned middle class ahead of ele

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29-08-2024, 09:30 PM

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Financial times - Singapore tries to shore up disillusioned middle class ahead of ele

An honorable member of the Coffee Shop Has Just Posted the Following:

The increased disillusionment of Singapore’s middle class, under pressure from high housing prices, threatens the fragile consensus that has underpinned the city-state’s growth and stability for decades, analysts said.

“The top is not very big, but the middle is huge here,” said Gillian Koh at the National University of Singapore’s Institute of Policy Studies. “It’s core to [the government]’s interests to ensure there is a broad, strong, healthy, stable middle class.”

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