Author(s)

Yitong Liu, Jiayi Tan, Jiaying Shen, Lingyun Zhang

Corresponding Author

Yitong Liu

ABSTRACT

Since 1960, the public housing policy, managed by Housing and Development Board, has been imposed in Singapore to increase the occupancy rate and reduce poverty. Over decades, the influence of the policies is significant, over 80 percent of Singapore’s able to live in the government-built flats, and the policy also benefited other sectors such as macroeconomy. Singapore successful story provided a template for many other countries as they share the same problems as Singapore once did: High population inflow, High scarcity of land, etc. Therefore, for years, scholars have been researching on Singapore’s case, and many were about the effects relating to economy, race and governance. We searched the keywords including Public Policy in Singapore in Google Scholar and analyzed over 20 academic researches. However, most of the previous studies did not analyze the effects relating to all three sectors.

KEYWORDS

Public Housing Policy, Economic Effect, Racial Relationship, Social Governance Effect, Singapore