The economic success of Singapore is not debatable. This leads many observers and even insiders to think of the city-state as a model of economic development. However, it should be rather thought of as an experiment in social planning. And social planning always bears a cost. This cost might endanger the future success of the Merlion City.
The Riddle of Singapore’s Stalled Productivity
…
The Riddle of Singapore’s Stalled Productivity
The economic success of Singapore is not debatable. This leads many observers and even insiders to think of the city-state as a model of economic development. However, it should be rather thought of as an experiment in social planning. And social planning always bears a cost. This cost might endanger the future success of the Merlion City.