abstract: 'Singapore''s industrial development and restructuring rue very much

  dependent on foreign investment. Despite the apparent benefits of

  foreign investment and Singapore''s success in export-oriented

  manufacturing there am worrisome aspects arising from the large and

  growing dependency on such investment in the manufacturing sector as

  Singapore moves toward a developed country status. This article explores

  some of the consequences of such dependency. In terms of industrial

  pattern, foreign investment has crested and maintained a dualistic

  industrial structure in manufacturing. Foreign firms and government

  industrial policies have suppressed and marginalized local

  entrepreneurship Export-oriented industrialization has opened the

  employment doors for women in manufacturing. However, women are

  predominantly found in low pay, dead end job in the assembly line of

  Singapore''s new industrial order. With the implementation of a new wave

  of industrial restructuring strategies, new capital and technological

  intensive foreign investments am welcomed and solicited However, the

  local labour supply is unable to meet the increased demands. Foreign

  labour has been called in to fill the gap. This inevitably distorts

  labour market outcomes and heightens the income inequality index.'
author: Lee, WKM
author_list:
- family: Lee
  given: WKM
da: '2023-09-28'
doi: 10.1080/00472339780000051
files: []
issn: 0047-2336
journal: JOURNAL OF CONTEMPORARY ASIA
language: English
number: '1'
number-of-cited-references: '30'
pages: 58-70
papis_id: a9e44f418968421f6311a7dd0a7d61ed
ref: Lee1997foreigninvestment
times-cited: '0'
title: Foreign investment, industrial restructuring and dependent development in Singapore
type: article
unique-id: WOS:A1997WG79200004
usage-count-last-180-days: '0'
usage-count-since-2013: '5'
volume: '27'
web-of-science-categories: Area Studies
year: '1997'