University of Birmingham, Birmingham, B15 2TT, United Kingdom
There has been a debate about whether an increased quantity of graduates promotes economic development. This paper will take the circumstance in Singapore as an example to analyses this controversy. For this objective, it starts by describing the situation in Singapore from different aspects, which include vocational and education training systems, the status of graduates and immigration policy. It focuses on analyzing how Singapore has solved the problem of talent shortage by applying a combination of policies and achieved sustainable economic development, which has transformed Singapore from a backward and poor economy into one of the most advanced economies in the world and become one of the Four Asian tigers in just a few decades. Then, it concludes with a discussion of whether or not an increased quantity of graduates promotes economic development and if the current strategies are suitable for the country to meet economic development needs.
Human Resource Development Policy, Singapore, Vocational Technical Educational System, Immigration
Lu Yang. The Human Resource Development Policy of Singapore. Academic Journal of Humanities & Social Sciences (2022) Vol. 5, Issue 4: 86-88. https://doi.org/10.25236/AJHSS.2022.050414.
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