atans1

S’pore in the 12% that made it (M’sia didn’t)

In Economy on 14/11/2012 at 6:34 am

Look at this chart from the World Bank (via BBC). Of the 101 countries that were “middle-income” in 1960, only 13 had managed to break from the pack to become advanced economies by 2008. S’pore is there. While one LKY was wrong to say S’pore was “barren” when he, Dr Goh Keng Swee and gang took power in 1959, let’s give them credit for getting us to be an “advanced” country. And even Goh Chok Tong and Lee Jnr, even though during their time (1990s- 2011), there were no new ideas: juz following the old road map and Hard Truths. Even now, PM Lee doesn’t have any new Hard Truths. But at least he is trying finally to force the SMEs to restructure. But no thanks to George Yeo, Raymond Lim, Minister Mah or Lim Hng Kiang.

And of course we must give credit to civil servants like Hon Sui Sen (also a technocratic minister), Sim Kee Boon, Howe Yoon Chong, Pillai, Herman Hochstadt (my ex-boss), Ngiam Tong Dow and many others. Err but not including Philip Yeo and one TJS. And in response to this, Ngiam never ever wanted to be a minister or the president.

KennethJ, TJS, Dr Chee and readers of TRE and TOC: don’t always say bad things about the PAP. Be more nuanced. But pigs will fly first.

World Bank chart

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  1. It really depends how you define, “made it.”

    A very good morning to you.

    Darkness 2012

  2. Singapore is an “advanced” country in terms of GDP,but not per capita income.

  3. [...] Singapolitics: Double Take: Punishment and performance – Thoughts of a Cynical Investor : S’pore in the 12% that made it (M’sia didn’t) – guanyinmiao’s musings: Singapore Youth Festival: Why Mollycoddle Them? – DKSG: [...]

  4. [...] the nursing room or mum threatening to post video on STOMP – Thoughts of a Cynical Investor : S’pore in the 12% that made it (M’sia didn’t) – guanyinmiao’s musings: Singapore Youth Festival: Why Mollycoddle Them? – [...]

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