Reading this, one ends up asking, “If things are so screwed up here, why isn’t S’pore as poor as Bangladesh, Laos, Cambodia or Burma?”
http://www.atimes.com/atimes/Southeast_Asia/NF05Ae01.html
There are problems: rising inequality, persistent low productivity (despite all the govmin talk and campaigns), lack of local entrepeneurs complacent BSing ministers, and bad public transport. But taz not the same as saying that S’pore is an economic disaster like Bangladesh.
