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Submitted by anonymous on
Interesting post. But the initial conditions in Singapore were far different from what is described here. = Let's not forget the work ethic of the majority of the Singapore population - which is probably the single most important determinant of success. Emulating Singapore without such work ethic will be impossible. = Let's not forget that independnece for Singapore was simply the split from Malaysia. The will to succeed as a result of thsi dissolution was tremendous. = Let's not forget how open markets and openness to foreign direct investment contributed to prospority. Acheiving such level of openness is never easy. = And let us not forget the determined ambitious government. Thus, while looking at Singapore as an example, we need not forget the unique features that made it a success. And Sri Lanka has plenty of examples to look at. Today, there is no lack of lessons how to grow fast. The trick is to muster the political courage to do it.