Singapore: Always restructuring, avoiding convergence and reining in divergence

Even as the government declares Asia - with China and India at the forefront - as a region of change and opportunities, the fear of becoming irrelevant ensures that Singapore will not relent in its drive to stay ahead of the regional economic competition. For instance, the search for new industrial...

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Bibliographic Details
Main Author: EUGENE, Tan K. B.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2004
Subjects:
Online Access:https://ink.library.smu.edu.sg/sol_research/3825
https://ink.library.smu.edu.sg/context/sol_research/article/5783/viewcontent/singapore_always.pdf
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Institution: Singapore Management University
Language: English
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Summary:Even as the government declares Asia - with China and India at the forefront - as a region of change and opportunities, the fear of becoming irrelevant ensures that Singapore will not relent in its drive to stay ahead of the regional economic competition. For instance, the search for new industrial winners, after the successful industrial programmes in electronics and the biomedical sciences, has begun resolutely with the formation of a high-powered ministerial committee to mould Singapore's research and development destiny. Restructuring in Singapore is a governing norm that is very much invoked as a policy necessity and a way of life in an uncertain world.