From the outside looking in, Singapore is a first world country. From the inside looking out, if you are an employee, the working conditions are third world like with the dice heavily loaded against you.
Let's face the truth, most countries will have a brain drain issue save for the few topmost attractive ones. Instead of looking internally to reduce the outflow, the government tried to increase the inflow. The problem with this strategy is that it further exacerbates the outflow. Imagine you have a leaking bucket. The first thing you do is to try to fix the leak, not to keep filling it with more water to replace the water lost.
Other than money, there is no way Singapore can compete to be one of the most attractive locations. This strategy will not necessarily attract the best as there are also a lot of other factors that come into consideration. Besides, other countries can also similarly match the pay for top talent and offer much more beyond money. If the government had carried out nation-building in its true spirit, then the overseas Singaporeans might be better inclined to return after a working stint overseas. Although they might not give Singapore their youth, at least they will be able to contribute their experience gained when they return in their later years. Who knows, the later years might prove to be the best years of their lives. Unfortunately, this is unlikely to happen due to third world working conditions (e.g. age discrimination) and the fact that the people here do not value a person for who he is until he has achieved success defined in a narrow way. When the person achieves success outside Singapore, do you think he will be grateful to Singapore just because he is born here?
Let's face the truth, most countries will have a brain drain issue save for the few topmost attractive ones. Instead of looking internally to reduce the outflow, the government tried to increase the inflow. The problem with this strategy is that it further exacerbates the outflow. Imagine you have a leaking bucket. The first thing you do is to try to fix the leak, not to keep filling it with more water to replace the water lost.
Other than money, there is no way Singapore can compete to be one of the most attractive locations. This strategy will not necessarily attract the best as there are also a lot of other factors that come into consideration. Besides, other countries can also similarly match the pay for top talent and offer much more beyond money. If the government had carried out nation-building in its true spirit, then the overseas Singaporeans might be better inclined to return after a working stint overseas. Although they might not give Singapore their youth, at least they will be able to contribute their experience gained when they return in their later years. Who knows, the later years might prove to be the best years of their lives. Unfortunately, this is unlikely to happen due to third world working conditions (e.g. age discrimination) and the fact that the people here do not value a person for who he is until he has achieved success defined in a narrow way. When the person achieves success outside Singapore, do you think he will be grateful to Singapore just because he is born here?