Friday, 27 September 2013

Rags to Riches

This is an interesting documentary titled "IT figures" shown on channel news asia that decodes Singapore's journey from rags to riches.

In the video, it discusses things like why are the rich getting richer and the poor getting poorer? 

Singapore is wealthy but why don't we see it distributed to majority of the people?

Economic concepts like GDP, wage sharing, Gini Coefficient are also discussed in a simple and illustrative way. I feel they had done a very good job to explain these concepts in a easy to understand way. Most people would be able to understand it. 

Watch it here (Channel news asia has removed the video. So sorry to those who missed it.)


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