SINGAPORE-4This SLP will focus on human resources and human resource strategies, policies, and practices that may impact on the ease of doing business in your country.Find out as much as you can about the human resource situation in your country. For example, how well educated is the workforce? What is the unemployment rate like? Also, try to find out as much as you can about labor regulations or common human resource practices in your country. For example, some countries have greater unionization than others. Some countries also have strong restrictions against worker dismissals.In addition to looking for articles about human resources in your country, international organizations such as the World Bank or the OECD have data on some indicators of education and/or labor market regulations. Doingbusiness.org also includes information about labor market regulations and minimum wages, and some advocacy groups such as the Fraser Institute or the Heritage Foundation publish “economic freedom” reports that include labor market regulation information on each country.When you have finished researching the human resource situation in your country, write a 2- to 3-page paper addressing the following issues:1.The general skill and education level of the country.2.The types of labor market regulation that exists in your country, such as minimum wages, or ease of dismissing workers.3.Your overall assessment of the human resource situation in your country. Feel free to include other issues besides labor market regulations or education if you find anything relevant in your research.
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