I just want to quote this from Han Fook Kwang's article on the above.
'For the glass half-empty brigade, they all add up to a future Singapore
that is shrinking and ageing and so will be increasingly reliant on new
citizens, permanent residents and foreigners to make up the shortfall.
This sobering view is the dominant narrative whenever Singapore's
population numbers are discussed.
So, what's the glass half-full version of the story?
Interestingly, it also borrows from economic theory.
Experts say there is a demographic dividend which countries reap when they
bring down their birth and death rates. With smaller families and fewer
young children to feed, more resources can be deployed to each individual,
resulting in better educated and more productive workers. Smaller families
also mean greater opportunities for women to work.
The result? High economic growth, provided, of course, the right social and
economic polices are implemented. In fact, the theory is that after this
round of benefits from smaller families, there is a second round to be
enjoyed when significant numbers retire with savings and assets that can be
invested to produce more growth....'
I must say that the experts that thought of reaping rewards from no
population growth really have no intellectual depth. How can there be
economic growth when there is no population growth? This is outrageous
thinking according to the one trick ponies. You want economic growth, then
you must accept population growth. And Singapore can only continue to grow
with growing the population to 10m. But such one pony theory for stopping
the story at 10m is as far as their intellectual depth would go. For they
presumed that once 10m is reached, the story would end. No need to have
more economic growth, no need more population growth. To them it is a
static thing, with a good ending when 10m is attained.
While in the process of growing the population to 10m it is so easy to
stuff them in high rise housing blocks. But what would happen if they leave
their homes, all 10m of them? Now with half that population everything is
running to a stand still. What about more schools, hospitals, recreation
facilities, transportation network, jobs, water, energy, food, social
security etc etc. So easy to grow population to 10m and everything will
take care of itself meh?
Sorry, my intellectual depth also limited and cannot offer any solution to
a 10m population and when 10m is reached, and if the people want more
economic growth, the 10m would become 20m and on and on to 100m or else how
to sustain economic growth?
