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yzhengyu | 13 years ago
In the first place, the majority of Singapore's successes is largely due to a pro-business policy which has attracted massive amounts of foreign direct investment.
In the second place, my observation is that in general Singaporeans are well-schooled, not well educated. As Mark Twain put it, there is a difference.
And there is also the uglier side of a hyper-competitive system which darylteo has pointed out. And then you ask yourself, where do the "losers" of this competition end up?
The challenge at this stage is to ensure we move our lowest gear up - and I can assure you, our lowest gear is pretty low. Unfortunately, unless the technocrats get mind-transplants from the people who did the Finnish or Danish model, I don't think its going to change.
rkwz|13 years ago
Where do they end up?