Ex-GIC chief economist disappointed with Heng Swee Keat for citing “outdated” 10M population argument

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Calling the 10 million population argument 'fundamentally economically and socially flawed,' Lam Keong Yeoh said that he is especially disappointed that the Finance Minister uncritically cited this argument since he is an economist himself and...

Just to repost my comments on Dr Liu Thai Ker’s views on planning for a 10mn population for Singapore as they probably bear repeating :

He is still stuck in the defunct “go for growth” strategy which the government has long realized was a mistake since 2010. Germany for example, grew its labour force and population at less than 0.5% pa over the last few decades and remains the most competitive and dynamic high value-added export economy in the world!

 

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