Nothing really new. The key risks mentioned in the article is already well known topics in blogs.
But one thing the article is silent about is politics or what will happen if Old Man of politics no longer around, implying the PAP will still remain strong with no risk of being weakened in elections and even much less replaced.
This is a great plus factor which I think will overcome all the risk faced. Can't think of another country, except those with no elections, which is similar to Singapore. Hence this is unqiuely Singapore.
The biggest political risks are: The government does not listen, the people do not co-operate and the trust level goes down. All talks on 'GDP' is merely a 'smokegun'.
The level of trust between Singaporeans and the Fis, the employers, the civil servants and the Govt is plummeting by the months, and this is what is called domestic risks, and would to undermine Singapore's progress, people just won't cooperate, they become a bystander.
Nothing really new. The key risks mentioned in the article is already well known topics in blogs.
ReplyDeleteBut one thing the article is silent about is politics or what will happen if Old Man of politics no longer around, implying the PAP will still remain strong with no risk of being weakened in elections and even much less replaced.
This is a great plus factor which I think will overcome all the risk faced. Can't think of another country, except those with no elections, which is similar to Singapore. Hence this is unqiuely Singapore.
The biggest political risks are: The government does not listen, the people do not co-operate and the trust level goes down. All talks on 'GDP' is merely a 'smokegun'.
ReplyDeleteThe enlaving and closed system will be self-defeating one day...in System Theory it will die of entropy, a natural disintegration.
ReplyDeleteSigns are already surfacing.
The level of trust between Singaporeans and the Fis, the employers, the civil servants and the Govt is plummeting by the months, and this is what is called domestic risks, and would to undermine Singapore's progress,
ReplyDeletepeople just won't cooperate, they become a bystander.