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Friday, December 14, 2012

A more challenging job for PM Lee

When Mr. Lee Kuan Yew became Prime Minister of Singapore in 1959, he managed a country with a population of 1.6 million people and a relatively small economy. He and his team did an impressive job in developing the country over the next 25 years.

When Mr. Lee Hsien Loong became Prime Minister in 2006, the population had grown 2.5 times and the economy is 8 times bigger (my estimate).

Many people did not like the direction of Singapore since 2006, with rising cost of living, high cost of housing over-crowding and many social problems. But we have to realize that the problems faced by PM Lee is more complex and challenging.

Do you agree?

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