Publication Type

Book Chapter

Version

publishedVersion

Publication Date

1-2016

Abstract

This paper discusses the supporting ecosystem for sustaining afuture vibrant economy that can co-exist with a strong Singaporesociety. Challenges and opportunities will be explicated and specificrecommendations will be made in three areas, namely, (1) thedevelopment of Singapore’s physical and virtual infrastructure; (2)the integration of the roles of universities and research institutions inresearch, education and practice; and (3) the adaptation ofGovernment policies and the functioning of the public, private andpeople sectors.Economic future is always uncertain, but it is important to be clearabout the intended direction for Singapore’s future economy. Thecountry needs to set specific, challenging and realistic goals relatedto the economy. It also needs plans on how to get there and monitorprogress.Many important issues about the future economy will not resolvethemselves without explicit decisions and interventions. Singapore’spolicymakers have the difficult task of understanding and integratingmany different but inter-related issues to address critical aspects ofour future economy.It is useful to think about the issues in terms of the substantivecontent of the economy and the ecosystem that supports it.

Discipline

Industrial and Organizational Psychology

Publication

Conference papers of new frontiers: IPS-CFE conference on the future economy of Singapore

Editor

Manu Bhaskaran, Faizal Yahya, and Ng Yan Hao

First Page

114

Last Page

120

Publisher

Institute of Policy Studies

City or Country

Singapore

Copyright Owner and License

National University of Singapore

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