Might be an interesting read, not sure if it will be available in local bookstores....
http://www.nationmultimedia.com/2007/07/03/book/book_30038759.php
What are your thoughts and some quotes from the article and book below ?
Most Singaporeans are not as affluent as their government makes out, King says in his extensively documented, 500-page tome.
Multinational companies and state enterprises predominate, and the economy has "low entrepreneurial and innovative capacities and an under-educated workforce".
The city-state's supposed affluence is also largely a myth.
"About 30 per cent of the population still lives in poverty by Western living standards," he says. And Singapore's Housing Development Board, Central Provident Fund and state-run health schemes have severe shortcomings.
What Singapore has been good at, he says, is marketing itself.
http://www.nationmultimedia.com/2007/07/03/book/book_30038759.php
What are your thoughts and some quotes from the article and book below ?
Most Singaporeans are not as affluent as their government makes out, King says in his extensively documented, 500-page tome.
Multinational companies and state enterprises predominate, and the economy has "low entrepreneurial and innovative capacities and an under-educated workforce".
The city-state's supposed affluence is also largely a myth.
"About 30 per cent of the population still lives in poverty by Western living standards," he says. And Singapore's Housing Development Board, Central Provident Fund and state-run health schemes have severe shortcomings.
What Singapore has been good at, he says, is marketing itself.