The Myth of Asia’s Miracle
In 1994, Nobel laureate for Economics, Paul Krugman, published a provocative article, “The Myth of Asia’s Miracle”. He noted that the Singapore economy was no different from the Soviet economy of the 50s and 60s. The Soviet economy expanded very fast for a long period but then growth eventually slowed to a trickle as it...
International Institute of Strategic Studies
The present Shangri-la Dialogue ends today. I thought all along that it was organised by the Singapore government until Ngiam pointed it out to me. It is organised by the International Institute of Strategic Studies. This is a think tank of UK but has a branch in Singapore which is granted charity status. How come this institute...
Very bad response given by Minister Ng
It is a VERY BAD response given by Minister Ng. He can't stand provocation and just went off tangent to give such diplomatically inappropriate reply. Our national interests rely heavily on being the intermediary middle man role and "not taking side". In fact, just a few hours ago, ASEAN was positioned as the "bridge" between...
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