In terms of economic policy, he knows what he is doing. The right ideas win my vote.
Tackling terrorism and ensuring a global security landscape is not just about taking care of the physical aspects.
It also depends on how countries remain interdependent on each other.
His message: continue to promote free trade and keep an open trading environment.
PM Lee said: “Economic frictions and obstacles to trade and investment weaken countries’ stakes in one another, and their incentive to uphold the global order. The more we restrict the flow of trade and investments, the more likely that we will have rivalry and tensions, rather than shared interests in one another.
Channelnewsasia.com - An interdependent world will help combat terrorism: PM Lee
5 Comments
Don’t know about you, but sounds like a chapter from the Basics of Economics to me, after those crap about supply and demand.
I am surprised. You give votes just because the chap say something that can be taken out of a economics textbook. Duh.
ted:
2 things.
Firstly, I have yet to encounter an economics textbook (used in Singapore) which mentions globalisation as a force for moral good.
Second, you might say that it comes from “textbooks” and is not any special esoteric knowledge, but the fact is that too many people don’t know, or choose to ignore such facts, or choose not to believe.
Sometimes a little “textbook” wisdom can be helpful, you know?
Hey Han
http://news.bbc.co.uk/1/hi/technology/5063072.stm
I don’t know anything about this but it sounds significant, and like something up your alley; do you have any comments?
Jol:
I’ll write about this after my exams next week.