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Challenges And Opportunities For Developing Countries From Medical Tourism, Avinash M. Waikar, Samuel D. Cappel, Uday S. Tate
Challenges And Opportunities For Developing Countries From Medical Tourism, Avinash M. Waikar, Samuel D. Cappel, Uday S. Tate
Uday S. Tate
Wikipedia defines “Medical Tourism” as the act of traveling to other countries to obtain medical, dental and surgical care. Rapid expansion of facilities for patients abroad has helped to spur this industry’s growth. Regardless of the destination, U.S. citizens are increasingly embracing the benefits of medical tourism due to dramatically rising U.S. healthcare costs. Medical care in countries such as India, Mexico, Thailand and Singapore can cost as little as ten percent of the cost of comparable care in the U.S. for some procedures. Statistical analysis revealed the costs to be significantly lower for many of these countries. Currently, patients …
An Assessment Of The Singapore Skills Development System: Does It Constitute A Viable Model For Other Developing Nations?, Sarosh Kuruvilla, Christopher L. Erickson, Alvin Hwang
An Assessment Of The Singapore Skills Development System: Does It Constitute A Viable Model For Other Developing Nations?, Sarosh Kuruvilla, Christopher L. Erickson, Alvin Hwang
Sarosh Kuruvilla
In this paper, we briefly describe the institutional background to Singapore’s successful national skills development model. We devise a tentative framework to evaluate national level skills development efforts, and we use it to assess the Singapore model. We argue that the model has the potential to constantly move towards higher skills equilibria, and in those terms, it is successful. However, we question the long-term sustainability of the model, and whether it is transferable to other developing nations. We outline several useful principles that other nations might use in organizing their own skills development systems.