Insights

Macro Insights Weekly - Singapore at 59

12 August 2024
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  • As Singapore completes its sixth decade of nationhood, its remarkable accomplishments are well established. Challenges ahead are inequality, rapid aging, tech disruption, and climate change.
  • Dealing with ineqaulity will require increasingly progressive tax and transfer policies.
  • Aging will be dealt with labour market reforms and broader safety nets.
  • Business should find new opportunities in an increasingly silver and wealthy society.
  • Tech disruption is inevitable, but sizeable tech investments are incoming helping industries.
  • Climate change is an existential threat; but Singapore has resources in its arsenal to manage.

 

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