Economics Department (ED) undertakes economic surveillance and forecasting, ex-ante analyses and ex-post evaluations of public policies, as well as economic research to support robust, data-driven and evidence-based policy formulation.
About us
ED supports data-driven and evidence-based policymaking through
- Economic surveillance and forecasting
- Economic research
- Policy analyses which include empirical analysis, ex-ante policy simulations, ex-post impact evaluations and manpower projections to support labour market policy formulation
ED comprises two units:
Economic Research Unit (ERU)
Supports manpower policies that optimise workforce allocation to inform local and foreign workforce interventions, develop human capital, and have an impact on industries and businesses.
Socio-economic Research Unit (SRU)
Supports manpower policies that improve retirement adequacy, enhance the workplace, uplift the incomes of lower-wage workers and support the employment of vulnerable workforce segments.