Cheap Michael McLeod Jersey

in Eure Charaktere 21.12.2018 02:47
von gsnoopy520 • 730 Beiträge

by Fei Liena, Zhang Dailei

BEIJING, May 28 (Xinhua) -- Japan, South Korea and Singapore took different approaches to overcome the middle-income trap and successfully fostered a stable middle class to form a rugby-shaped society in terms of income.


In December 1960, when then Japanese Prime Minister Hayato Ikeda proposed the ambitious "income-doubling plan" aiming at doubling average per capita incomes in 10 years, all people thought it was mission impossible.

Starting from 1961, the Japanese government took a series of measures to increase people's income. In agriculture, the government raised the price of farm products and encouraged production efficiency. In industry, the government cut taxes and lowered interest rates to facilitate borrowing and reduce costs. In commerce, the authority pushed trade liberalization and narrowed the salary gap.

The Ikeda government also heavily invested in infrastructure, communications and technology innovation. It also worked to balance urban and rural development.

The 1960s was called the "Golden Sixties" of Japan. The economy rose from the ashes of World War II -- the gross national product doubled in only six years, and average per capita income doubled in seven years.

The results of the income-doubling plan were fast economic growth, increased average income and rebalanced social wealth with the emergency of a middle class of 100 million people.


Before 1970, the disparity in living standards between South Korea's urban and rural areas was serious.

Then President Park Chung-hee launched the New Village Movement in 1970 to rectify the growing disparity. Diligence, self-help and collaboration were the slogans to encourage community members to participate in the development process.

The early stage of the movement focused on improving the basic living conditions and environment. Later projects concentrated on building rural infrastructure and increasing community income.

Encouraged by the success in rural areas, the movement spread through factories and urban areas as well, and became a nationwide modernization movement.

Thanks to the decades-long movement, the income of South Korean farmers increased significantly, even surpassing that of city dwellers.

In the 1990s, South Korea's urbanization rate had reached above 70 percent, the rural population had dropped from 80 percent of the total population to less than 10 percent.

Besides the New Village Movement, the South Korean government had also paid extra care to low-income people and under-privileged groups, weaving a social safety net to reduce absolute poverty.


From the 1980s on, Singapore began to cultivate a majority middle-class society. A key factor of success is education, also called "the talents program."

The Singaporean government takes education as an investment to its people, thus putting a lot of emphasis on the development of education and human resources.

Statistics show that education funds account for at least 12 percent of the annual state budget, and can be as high as 35 percent, the second-highest in the government's yearly expenditure.

Primary, secondary and tertiary education is mostly supported by the state. The government puts equal emphasis on basic education, advanced education and vocational training. It also encourages the students' creative and critical thinking, and allows autonomous schools to outline their own curriculum.

Through higher education and vocational training, Singaporeans become more skillful and professional, their job opportunities and income increase subsequently. These people have gradually become the hardcore of the society's middle class.

The Singaporean government also offers preferential policies and good treatment to attract foreign professionals to work and live in Singapore. Together domestic and overseas professionals continuously contribute their wisdom and skills to Singapore's economy.

Looking at how the three East Asian countries foster their middle classes, it's not hard to find that although with different emphases, the paths are similar. That is, to promote economic development through various measures including education, trade, investment and innovation, in a bid to increase people's income, and to rebalance social wealth by narrowing the gap between the rich and the poor.

With the support of a stable and mainstream middle class, the three countries successfully advanced to high-income societies.

In Vitro Diagnostics Market : Report On the Important Factors Cheap Michael McLeod Jersey , Latest Trends and Strategies Upto 2024

by shruti_j · November 15 Cheap Blake Coleman Jersey , 2018

DecisionDatabases has recently broadcasted a new study to its broad research Report on In Vitro Diagnostics Movides an in depth analysis of market size Cheap Scott Wedgewood Jersey , trends Cheap Ryane Clowe Jersey , growth Cheap Damon Severson Jersey , and forecast upto 2024. The analysis includes investigation of current scenario of the demand and market share by business type and by segments. Furthermore Cheap Mirco Mueller Jersey , the report quantifies the market share held by the major players of the industry and provides an in-depth view of the competitive landscape. This market is classified into different segments with detailed analysis of each with respect to geography for the study period.

Download FREE Sample Copy Of this

The report on global in vitro diagnostics market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share Cheap Stefan Noesen Jersey , growth Cheap Travis Zajac Jersey , trends and forecasts for the period 2017-2024. The market size in terms of revenue (. Cheap Jerseys China Cheap MLB Jerseys Cheap Authentic Jerseys Wholesale Jerseys Online Wholesale Custom Jerseys Wholesale Jerseys From China Cheap Custom Soccer Jerseys Cheap Authentic Sports Jerseys Cheap Authentic Sports Jerseys Cheap Throwback Sports Jerseys

nach oben springen

0 Mitglieder und 2 Gäste sind Online

Wir begrüßen unser neuestes Mitglied: JoMarcus
Forum Statistiken
Das Forum hat 2495 Themen und 2603 Beiträge.

Xobor Einfach ein eigenes Xobor Forum erstellen