Why it is possible to have a “modern, successful and open” economy under a totalitarian state
From our Correspondent Speaking at a reception for the New York Bar Association International Section, Singapore Law Minister and Second Minister for Home Affairs K. Shanmugam said the American readers were not getting the right picture of prosperous Singapore and its strong adherence to the rule of law if they read about Singapore...
The Hong Kongers’ protest against rising housing cost and the lessons for Singaporeans
OPINION Both Singaporeans and Hong Kongers are greatly affected by the rapid rise of housing prices in recent months. While Hong Kongers are brave enough to air their grievances against the government publicly in the streets, Singaporeans are limited to venting their frustrations to one another in cyberspace. A series of protests...
Paradox of Singapore’s Economic Growth: Relatively Higher Average Incomes But Relatively Lower Human Development
By Abdul Gafoor, Social Correspondent The recent publication of UNDP’s Human Development Index (HDI) revealed another paradox of Singapore’s economic growth strategy. The HDI ranks countries around the world according to “human development” and this is a common and standard index used by economists all around the world. The...
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