Singapore has been known as one of the fastest developed country and a highly developed state capitalist with mixed economy. And Singapore conducts an open business environment, with relatively corruption-free and stable prices all year round, additionally; it is one of the countries with the highest gross domestic products per capital in the world. Perhaps, being steadfast could be one of the strategies that Singapore could adopt in staying young. Although, having stability in the economy sector does not mean that it can sustain the country for long in staying forever young.
As the old saying goes, “it takes two hands to clap.” Therefore, leading in the economy sector alone is not enough. As Singapore continues to develop and prosper, in my opinion, it is essential for a country to remain competitive and innovative. So that Singapore would be constantly coming up with new and innovative ideas to upgrade themselves in order not to lose out to other countries.
Out of the five points in Mr Teo’s speech, I personally feel that a strong and forward-looking leadership would be the most important feature in making Singapore to ‘stay young’ as a city. Leadership holds a very important key feature in Singapore therefore having a good leadership meant that leaders in the government would make wise and right decision and not what is popular in order to make Singapore growing into a more competitive country. With good leadership, this enables Singapore to enjoy political stability and confidence, with that, Singapore will be able to venture into other areas in the country.
A forward-looking leadership in Singapore enables the country to further develop into a more competitive manner as leaders are open-minded and are willing to take risks. Besides being open-minded, forward-looking leaders are to be able to foresee problems ahead of time and carry out proper planning in preparations for emergencies.
In conclusion, having a forward-looking and strong leadership is the most important key feature that Singapore should adopt in ‘staying young’ because having leaders that are anticipating of future challenges means a competitive country and also looking for solutions to ‘future problems’ or problems that requires solutions that are out-of-the-box. This helps Singapore to constantly remain far ahead of her competitive and this is one of the measures that Singapore could practice in ‘staying forever young’
ShuMei
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