Singapore perspectives 2012 – Singapore inclusive: Bridging divides: Inequality and the need for a new social compact

Income inequality in Singapore has risen significantly in the last decade. Whether measured by the Gini coefficient, or by the ratio of incomes between the top and bottom deciles, the evidence points to an incontrovertible fact: Singapore has become more unequal in the last ten years or so. In addition, there are certain characteristics of inequality patterns in Singapore that make it especially worrying.