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Full-Text Articles in International and Area Studies

Singapore: Value Creating Elites Lead The World, Christine Henderson May 2021

Singapore: Value Creating Elites Lead The World, Christine Henderson

Research Collection School of Social Sciences

Singapore country scorecard for the 2021 Elite Quality Index (EQx2021), a global ranking of countries built on the notion of ‘elite quality’. Elite quality is a macro-level feature of the political economy that measures the value creation aggregate of all elite business models. Elites are dominant coalitions with the strongest capacity for coordination in societies and operate the highest impact business models. Elite business models can either create sustainable value or extract value from others, primarily from non-elites (i.e., through rent-seeking). Value creation activities include innovation, trade or production; value extraction includes barriers, discrimination or monopolies. The higher the value …

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Strong, Cohesive Leadership Must Emerge From Cabinet Rejig, Tan K. B. Eugene Apr 2021

Strong, Cohesive Leadership Must Emerge From Cabinet Rejig, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

In a commentary, SMU Associate Professor of Law Eugene Tan opined that “a total of 13 ministries having new ministers in two Cabinet reshuffles within a span of nine months is significant” and “these significant moves underscore not only the urgency of leadership renewal and succession, but also the need for certainty and confidence as Singapore transitions to the 4G leadership which will coincide with the post-Covid era”. He highlighted the need for a strong, cohesive leadership to emerge from the Cabinet reshuffle amid these exceptional times, as he believes that “a leadership that can galvanise the people will enable …

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Tips For Sme Transformation Amid Covid-19 Pandemic, Siow-Heng Ong Apr 2021

Tips For Sme Transformation Amid Covid-19 Pandemic, Siow-Heng Ong

Research Collection Lee Kong Chian School Of Business

The author shared that following the economic downturn in 2020, revival in 2021 can only be very gradual. SMEs in different sectors of the economy face different challenges and have different options for response. Overall, SMEs are hopeful rather than confident. SMEs are generally hoping to manage cash flow and stretch their current funds for immediate business sustainability. Inevitably, their focus is on meeting critical business needs. Turnover and profits are not expected to return to pre-pandemic levels so any increase in hiring or other planning for the future will be slight. He suggested that for pragmatic managers of SMEs …

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What A Delayed Political Succession Means For Singapore, Tan K. B. Eugene Apr 2021

What A Delayed Political Succession Means For Singapore, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

In a commentary, SMU Associate Professor of Law Eugene Tan discussed the implications of what a delayed political succession might mean for Singapore. He also explained how the search for Deputy Prime Minister Heng Swee Keat's successor presents a new test for Singapore’s leaders, and highlighted the key focus for leadership renewal amid the pandemic.

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Impact Of Moral Ethics On Consumers’ Boycott Intentions: A Cross-Cultural Study Of Crisis Perceptions And Responses In The United States, South Korea, And Singapore, Kyujin Shim, Hichang Cho, Soojin Kim, Su Lin Yeo Apr 2021

Impact Of Moral Ethics On Consumers’ Boycott Intentions: A Cross-Cultural Study Of Crisis Perceptions And Responses In The United States, South Korea, And Singapore, Kyujin Shim, Hichang Cho, Soojin Kim, Su Lin Yeo

Research Collection Lee Kong Chian School Of Business

This study investigates the effects of individuals’ ethics on perceptions and responses to a company’s crisis. Drawing on Moral Foundations Theory, it empirically tests a theoretical model of crisis attribution and emotional reaction with two antecedents (i.e., individualizing moral and binding moral) on three outcomes (i.e., crisis attribution, emotions, and boycott intentions), using more than 3000 samples from three culturally-diverse countries - the U.S., South Korea, and Singapore. The study finds that individualizing and binding moral foundations have significant effects on attribution, emotional reaction, and behavioral intentions related to corporate irresponsibility, but that their effects are distinct and vary across …

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Connecting Care Chains And Care Diamonds: The Elderly Care Skills Regime In Singapore, Yasmin Y. Ortiga, Kellyn Wee, Brenda S. A. Yeoh Apr 2021

Connecting Care Chains And Care Diamonds: The Elderly Care Skills Regime In Singapore, Yasmin Y. Ortiga, Kellyn Wee, Brenda S. A. Yeoh

Research Collection School of Social Sciences

Research on the globalization of care work often faces the persistent challenge of building meaningful connections between the movement of care labour at a global scale and place-based frameworks of care access and delivery. In addressing this gap in this article, we propose to take a closer look at how the care-migration nexus produces 'ideal' care workers through a skills regime. Based on the case of elderly care in Singapore, in this article, we demonstrate how state institutions and private agencies attempts to fill local labour needs by producing care workers among both Singapore citizens and migrant women. This leads …

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Building A Long-Time Series For Weather And Extreme Weather In The Straits Settlements: A Multi-Disciplinary Approach To The Archives Of Societies, Fiona Williamson Apr 2021

Building A Long-Time Series For Weather And Extreme Weather In The Straits Settlements: A Multi-Disciplinary Approach To The Archives Of Societies, Fiona Williamson

Research Collection School of Social Sciences

In comparison to the Northern Hemisphere, especially Europe and North America, there is a scarcity of information regarding the historic weather and climate of Southeast Asia and the Southern Hemisphere in general. The reasons for this are both historic and political, yet that does not mean that such data do not exist. Much of the early instrumental weather records for Southeast Asia stem from the colonial period and, with some countries and regions changing hands between the European powers, surviving information tends to be scattered across the globe making its recovery a long and often arduous task. This paper focuses …

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Customer Satisfaction Index Of Singapore 2020: Full Year Overview, Institute Of Service Excellence, Smu Mar 2021

Customer Satisfaction Index Of Singapore 2020: Full Year Overview, Institute Of Service Excellence, Smu

Research Collection Institute of Service Excellence (2007-2024)

The Customer Satisfaction Index of Singapore (CSISG) computes customer satisfaction scores at the national, sector, sub-sector, and company levels. The CSISG serves as a quantitative benchmark of the quality of goods and services produced by the Singapore economy over time and across countries. The fourth quarter results mark the end of measurement for CSISG 2020. Singapore’s 2020 national score was computed using the data collected during these four quarters.

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Haptic Heritage And The Paradox Of Provenance Within Singapore's Cottage Food Businesses, Orlando Woods, John A. Donaldson Mar 2021

Haptic Heritage And The Paradox Of Provenance Within Singapore's Cottage Food Businesses, Orlando Woods, John A. Donaldson

Research Collection School of Social Sciences

This paper offers a “more-than-representational” understanding of how heritage value is reproduced by cottage food businesses in Singapore. It advances the notion of haptic heritage to highlight the importance of touch and feel in inculcating food with a sense of heritage value. Haptic heritage is reproduced through the physical handling of ingredients in ways that contribute to more “authentic” products. However, it also foregrounds food production processes that are more tactile, time-consuming and thus unscalable than their automated counterparts. Accordingly, the reproduction of haptic heritage is becoming increasingly unviable in Singapore’s competitive economic landscape. These ideas are explored through a …

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Affective Cosmopolitanisms In Singapore: Dancehall And The Decolonisation Of The Self, Orlando Woods Mar 2021

Affective Cosmopolitanisms In Singapore: Dancehall And The Decolonisation Of The Self, Orlando Woods

Research Collection School of Social Sciences

This paper advances a new understanding of cosmopolitanism; one that is rooted in the affective potential of the body. It argues that whilst the self is often projected onto the body, so too can the body play an important role in (re)imagining the self. As such, the body can decolonise the self from the mind, from the expectations of society and culture, and from the normative epistemological underpinnings of academic knowledge production. I validate these theoretical arguments through an empirical focus on the practice of dancehall in Singapore. Dancehall is an emancipatory cultural movement that emerged in Jamaica in the …

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Farmers In Singapore? Collective Action Under Adverse Circumstances, Yu Fong Ho, John A. Donaldson Mar 2021

Farmers In Singapore? Collective Action Under Adverse Circumstances, Yu Fong Ho, John A. Donaldson

Research Collection School of Social Sciences

How can individuals with contrasting interests in a declining industry, at odds with the country’s identity, and facing an illiberal and sceptical government, band together to promote collective goals? This article addresses this question by examining Singapore’s Kranji Countryside Association, one of Singapore’s few civil society organisations to focus on community organising. To Association members, the material and time costs of organising were high, the odds of success were low and the material rewards of success were modest. The article evaluates two views that purport to explain collective action: the rational choice approach that focuses on selective incentives and the …

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Creative Placemaking In Singapore: A Critical Reflection, Su Fern Hoe Mar 2021

Creative Placemaking In Singapore: A Critical Reflection, Su Fern Hoe

Research Collection School of Social Sciences

All across the globe, there has been increasing recognition of the transformative power of creative placemaking to revive the economic and cultural life of cities. Singapore is no exception. Since 2008, the Singapore government has been engaged in a concerted effort to placemake Singapore into a culturally-vibrant cityscape with “heart and soul”. However, despite its increasing global popularity, what constitutes creative placemaking and its processes remain vague and tenuous. Notably, scant critical attention has also been paid on how Singapore has tried to adopt this global buzzword, and its impact on the localised dynamics of urban spaces and arts practices.

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The Effects Of Income On Health: Evidence From Lottery Wins In Singapore, Seonghoon Kim, Kanghyock Koh Mar 2021

The Effects Of Income On Health: Evidence From Lottery Wins In Singapore, Seonghoon Kim, Kanghyock Koh

Research Collection School Of Economics

We estimate the causal effects of household income on self-reported health status by exploiting random variations in the amount of lottery prizes won. We find that a S$10,000 (US$7,245) increase in income via lottery wins improves individuals’ health by a standard deviation of 0.18. As possible mechanisms, we find that lottery wins increase household consumption spending and improve overall life satisfaction, but do not change healthcare spending, labor supply, and risky health behavior. Previous studies, which focused on the health effects of lottery prizes in Western European countries with strong social safety nets, do not find positive effects other than …

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The Psychosocial Well-Being Of Older Adults In Covid-19 And The 'New Normal', Micah Tan, Paulin T. Straughan, William Tov, Grace Cheong, Wensi Lim Feb 2021

The Psychosocial Well-Being Of Older Adults In Covid-19 And The 'New Normal', Micah Tan, Paulin T. Straughan, William Tov, Grace Cheong, Wensi Lim

ROSA Research Briefs

Early research into COVID-19 has focused predominantly on the immediate and direct physical health effects of the pandemic, as compared to the wider, indirect effects of the pandemic on general well-being brought about by the various measures put in place to contain the virus. In terms of policies, focus has also been placed largely on containment and broad based policies for the entire population. As experts increasingly recognize that the pandemic will be a protracted event (The Straits Times, 2021), however, there is a need for stakeholders to place greater emphasis on the indirect effects of COVID-19 that will likely …

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Disruptive Technologies And Digital Transformation Of The Financial Services Industry In Singapore: Regulatory Framework And Challenges Ahead, Aurelio Gurrea-Martinez Feb 2021

Disruptive Technologies And Digital Transformation Of The Financial Services Industry In Singapore: Regulatory Framework And Challenges Ahead, Aurelio Gurrea-Martinez

Research Collection Yong Pung How School Of Law

This paper seeks to provide a general overview of the impact of new technologies in the financial services industry in Singapore. For that purpose, it starts by emphasizing that technology has always played an important role in the financial industry. However, new disruptive technologies, as well as the increasing use of data in the financial services industry, have created new challenges and opportunities for the financial sector. While Singapore has managed to address these challenges by adopting one of the quickest and most innovative and comprehensive responses probably observed internationally, financial markets –and particularly the fintech industry– are constantly evolving. …

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The Substation: How Many More Canaries In The Coal Mine?, Su Fern Hoe Feb 2021

The Substation: How Many More Canaries In The Coal Mine?, Su Fern Hoe

Research Collection School of Social Sciences

Since 1990, The Substation has been the sole occupant of the conserved building at 45 Armenian Street. Over the years, it has transformed the once-abandoned power station into Singapore’s first artist-led multi-disciplinary arts centre. However, in February 2021, The Substation was officially asked to vacate the building. Although the current situation facing The Substation is not new or unique, its impending fate is emblematic of, and raises deep questions about the progressively precarious and capricious conditions of arts practice in Singapore. This editorial highlights four underlying problems that we should be concerned with.

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The Role Of The Law Of Unjust Enrichment In Singapore, Hang Wu Tang Feb 2021

The Role Of The Law Of Unjust Enrichment In Singapore, Hang Wu Tang

Research Collection Yong Pung How School Of Law

Singapore's unjust enrichment law may be described as a form of adoption with adaptation from English law, which is indicative of two phenomena: first, the idea of law as a travelling phenomenon and, second, the development of law as a circulation of ideas. In Singapore, unjust enrichment is now accepted as a distinct branch of the law of obligations alongside tort and contract, providing relief to a plaintiff who has transferred an enrichment to the defendant in circumstances where the plaintiffs intent was vitiated. This vitiation of intent is expressed as an 'unjust factor'. While certain 'unjust factors' are regarded …

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Examining The Phenomenon Of Rounding In Analysts’ Eps Forecasts: Evidence From Singapore, Clarence Goh Feb 2021

Examining The Phenomenon Of Rounding In Analysts’ Eps Forecasts: Evidence From Singapore, Clarence Goh

Research Collection School Of Accountancy

Prior studies have documented the phenomenon of rounding of analysts' earnings per share (EPS) forecasts in the USA. From the outset, it is unclear if analysts following Singapore firms also similarly engage in the rounding of their EPS forecasts. This study aims to investigate the extent to which analysts engage in rounding of EPS forecasts of firms listed on the Singapore Exchange.

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Trust And Retirement Preparedness: Evidence From Singapore, Benedict S. K. Koh, Olivia S. Mitchell, Joelle H. Fong Feb 2021

Trust And Retirement Preparedness: Evidence From Singapore, Benedict S. K. Koh, Olivia S. Mitchell, Joelle H. Fong

Research Collection Lee Kong Chian School Of Business

Trust is an essential component of any financial system, and distrust can undermine savings and economic growth. Our study draws on the Singapore Life Panel to assess how trust ties to older respondents’ (1) pension plan participation and withdrawals; (2) life, health, and long-term care insurance holdings; and (3) stock market engagement. We show that the widely-used ‘trust in people’ question is uncorrelated with household behaviours related to retirement preparedness. Instead, trust in private and public financial representatives is positively associated with pension savings, investments, and insurance holdings. Financial literacy also plays an important and consistent role in retirement decision-making.

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The Substation: How Many More Canaries In The Coal Mine?, Su Fern Hoe Feb 2021

The Substation: How Many More Canaries In The Coal Mine?, Su Fern Hoe

Research Collection School of Social Sciences

Since 1990, The Substation has been the sole occupant of the conserved building at 45 Armenian Street. Over the years, it has transformed the once-abandoned power station into Singapore’s first artist-led multi-disciplinary arts centre. However, in February 2021, The Substation was officially asked to vacate the building. Although the current situation facing The Substation is not new or unique, its impending fate is emblematic of, and raises deep questions about the progressively precarious and capricious conditions of arts practice in Singapore. This editorial highlights four underlying problems that we should be concerned with.

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Emergence Of Private Markets And Exchanges As An Alternative Source Of Financing For Small- And Medium-Sized Enterprises (Sme) In Singapore, Ser Keng Ang Feb 2021

Emergence Of Private Markets And Exchanges As An Alternative Source Of Financing For Small- And Medium-Sized Enterprises (Sme) In Singapore, Ser Keng Ang

Research Collection Lee Kong Chian School Of Business

Small- and Medium-sized Enterprises (SMEs) are the engine for growth for any economy, whether big or small and developed or emerging. In the US, small firms with less than 500 employee represent 99% of all employers, provide over 80% of net new jobs and account for about one-half of the national workforce. Singapore is no exception. Hence, the well-being of the SME sector in Singapore bears huge importance in the growth and development of its economy.In practice, financing of private companies, particularly small companies, is a challenge. In general, their small size makes private firms more susceptible to exogenous shocks. …

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Lee Kong Chian School Of Business Year In Review 2019-2020, Singapore Management University Jan 2021

Lee Kong Chian School Of Business Year In Review 2019-2020, Singapore Management University

SMU Corporate Reports

We all knew that 2020 would be an extraordinary year for the Lee Kong Chian School of Business. It marks our 20th anniversary of our first entering cohort of undergraduates! What no one imagined was that this year would also be extraordinary because of the global pandemic. Despite it being a challenging year, it is safe to say that we have come through the first wave of the Covid-19 pandemic in reasonably good shape.

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Smu Libraries Annual Report 2019 / 2020, Singapore Management University Jan 2021

Smu Libraries Annual Report 2019 / 2020, Singapore Management University

SMU Corporate Reports

Since joining SMU Libraries in March 2020, I have been impressed with the SMU community’s interest in the Libraries and the Libraries’ staff’s dedication, enthusiasm, and flexibility. These are all traits that have contributed to the Libraries’ impact on the SMU community (and beyond) and the advancement of student success, research, and collaboration during this past year. While 2020 has brought uncertainty and great challenges, there are occasions to celebrate as well, including SMU’s 20th anniversary. 2020 also marks the 10th anniversary of InK, the SMU institutional repository. InK has been an integral part of making SMU research available to …

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Singapore Management University Report To Stakeholders 2020 - 2021, Singapore Management University Jan 2021

Singapore Management University Report To Stakeholders 2020 - 2021, Singapore Management University

Report to Stakeholders

Last year, the profound impact of the Covid-19 pandemic reaffirmed that the three strategic priorities we had identified for SMU and the wider community – digital transformation, sustainable living and growth in Asia – are the right priorities. As the world learns to manage Covid-19, focus must be given to sustainable living. Here SMU can contribute to driving solutions to manage climate change and sustainable city living.

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Lessons From Our Living Rooms: Illuminating Lockdowns With Technology Domestication Insights, Sun Sun Lim, Yang Wang Jan 2021

Lessons From Our Living Rooms: Illuminating Lockdowns With Technology Domestication Insights, Sun Sun Lim, Yang Wang

Research Collection College of Integrative Studies

With at least half of humanity under lockdown to arrest the spread of COVID-19 (Sandford, 2020), adults have been working from home and children engaging in home schooling for months on end. Competing for scarce resources such as digital devices, bandwidth, as well as physical and personal space, families have had to contend with rising tensions around the quality of digital engagement, children’s learning abilities, parent-child relationships and overall familial wellbeing. This fraught situation shone the spotlight on the household context of technology use but also enabled us to marshal academic insights to advance advocacy and public education. The pandemic …

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Getting Undergraduates Ready For China’S Belt And Road Initiative (Bri) Through An Overseas Experiential Learning Project, China And The World: Ancient And Modern Silk Road, Andrew Chin, Thomas Menkhoff, Hans-Dieter Evers, Hoong Hui Daniel Gn, Kevin Koh, Chester Wey Lee, Patrick Loh, Linda Low, Sebastian Tan, Teng Seng Teo, Natalie Yap Jan 2021

Getting Undergraduates Ready For China’S Belt And Road Initiative (Bri) Through An Overseas Experiential Learning Project, China And The World: Ancient And Modern Silk Road, Andrew Chin, Thomas Menkhoff, Hans-Dieter Evers, Hoong Hui Daniel Gn, Kevin Koh, Chester Wey Lee, Patrick Loh, Linda Low, Sebastian Tan, Teng Seng Teo, Natalie Yap

Research Collection Lee Kong Chian School Of Business

In this paper, we explain how an experiential learning course and study tour to Gansu Province (People’s Republic of China) enabled undergraduates at the Singapore Management University (SMU) to acquire 21st-century competencies and higher-order thinking skills by analyzing and evaluating specific aspects of China’s Belt and Road Initiative (BRI) and China–Singapore (Chongqing) Connectivity Initiative — New International Land–Sea Trade Corridor (CCI-ILSTC) with emphasis on developing viable Go-To-Market (GTM) strategies aimed at selling Gansu produce in four Southeast Asian markets. We share how the course was designed to support the attainment of key learning goals and discuss how we turned pedagogical …

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Tax Law And The Digital Economy In Singapore, Vincent Ooi Jan 2021

Tax Law And The Digital Economy In Singapore, Vincent Ooi

Research Collection Yong Pung How School Of Law

This chapter is divided into three main parts: 1) international tax law, 2) domestic tax law, and 3) tax and regulation. The first part deals with the international tax system and the way it has been affected by technology. This part will focus on income tax. Existing rules of nexus, characterisation of income and treatment of data are increasingly being challenged, leading to changes in the OECD Model Convention and the implementation of the Base Erosion and Profits Shifting (“BEPS”) project. These in turn have had a considerable impact on Singapore tax law, as Singapore is an active participant in …

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Important Not To Let Hsr Termination Hobble Further Cooperation, Tan K. B. Eugene Jan 2021

Important Not To Let Hsr Termination Hobble Further Cooperation, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

Strong people-to-people ties can help temper political histrionics, moderate negative impact on political ties. The tantalising prospect of being able to leave Singapore and arrive in Kuala Lumpur in just 90 minutes remains a pipe dream after the High Speed Rail (HSR) agreement was terminated last Friday, along with what could have been an important confidence booster to bilateral ties between Singapore and Malaysia.

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Retirement Preparedness In Singapore, Junxing Chay, Seonghoon Kim Jan 2021

Retirement Preparedness In Singapore, Junxing Chay, Seonghoon Kim

Research Collection School Of Economics

This chapter presents empirical evidence on a variety of measures to assess the social and economic well-being of near-retirees and retirees in Singapore based on rich data from the Singapore Life Panel, a nationally representative monthly panel survey of 50- to 70-year-old adults in Singapore. Large differences in retirement behaviour and household financial conditions related to retirement preparedness across education and wealth groups are documented. This suggests the importance of a retirement-related policy that focuses on the low-skilled and low-wealth groups. In addition, we discuss and evaluate current public policy designed to increase the employment of older workers and propose …

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Customer Satisfaction Index Of Singapore 2020: Q3 Results, Institute Of Service Excellence, Smu Dec 2020

Customer Satisfaction Index Of Singapore 2020: Q3 Results, Institute Of Service Excellence, Smu

Research Collection Institute of Service Excellence (2007-2024)

The Customer Satisfaction Index of Singapore (CSISG) computes customer satisfaction scores at the national, sector, sub-sector, and company levels. The CSISG serves as a quantitative benchmark of the quality of goods and services produced by the Singapore economy over time and across countries. This is the CSISG’s 14th year of measurement.

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