2/28/2010

Singapore Moves To Curtail Immigration

The rich Southeast Asian city-state has for years admitted large numbers of foreign workers to boost its population and to stay competitive with China and other countries with deeper pools of cheap labor. But Singaporean citizens are increasingly dissatisfied with the policy. There are two reasons. First, causes overcrowding and depresses local wages. Second, economists believe an over-reliance on foreign workers also is keeping productivity levels down, jeopardizing Singapore's future growth. But the situation is between 2005 and 2009, Singapore's population surged by roughly 150,000 people a year to five million -- among their fastest rates ever -- with 75% or more of the increase due to foreigners. In short, I want use a china old sentences which is “things which have reached their extremes turn into their opposites; a thing turns into its opposite if pushed too far.”

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