Tripartism - a double edge sword

January 19th, 2009

triCome across this article from Straits Times.

Spread word on tripartism
From StraitsTimes

This is the way the Singaporeans keep their jobs when times are down (by cutting wages) but this is also where employees are taken advantage of and have to rely on themselves to fight inflation especially for the lower income group. It is a double edge sword and if not taken care properly, social inbalances and a much tougher life for them. Question is, how to keep this in balance?


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