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Lim Swee Say on chasing after BALLS
March 20, 2010 by admin
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Parliamentary speeches, 10 March 2010
Mr Speaker, Sir, when I was young, I used to chase after fast ball: basketball, tennis ball, squash ball. But not anymore. Now, that I am not so young, I walk on the golf course with a ball that is not only slow but stationary most of the time.
Sir, when I switched to a slow ball, it is not that there was something wrong with the fast ball. But because, at different stages of our life, we just have to adapt to our physical condition and play with the right ball. Sir, the same applies to the economy.
The economy goes through different stages of growth as well and at each stage of the growth, you must make sure that the economy grow with the right strategy. From time to time, we need to shift our strategies in response to changes in the external environment and internal conditions.
For example, the Singapore economy. Over the years, we have shifted many times – from labour intensive to computerisation, automation and mechanisation (CAM), to capital intensive, to technology intensive and now knowledge, skill and innovation intensive. Each time, as we make the shift, instead of asking what is wrong with the past, we should focus on what is right for the future.
Source: Hansard
Lim Swee Say on chasing after BALLS
March 20, 2010 by admin
Filed under Review
Leave a comment
Parliamentary speeches, 10 March 2010
Mr Speaker, Sir, when I was young, I used to chase after fast ball: basketball, tennis ball, squash ball. But not anymore. Now, that I am not so young, I walk on the golf course with a ball that is not only slow but stationary most of the time.
Sir, when I switched to a slow ball, it is not that there was something wrong with the fast ball. But because, at different stages of our life, we just have to adapt to our physical condition and play with the right ball. Sir, the same applies to the economy.
The economy goes through different stages of growth as well and at each stage of the growth, you must make sure that the economy grow with the right strategy. From time to time, we need to shift our strategies in response to changes in the external environment and internal conditions.
For example, the Singapore economy. Over the years, we have shifted many times – from labour intensive to computerisation, automation and mechanisation (CAM), to capital intensive, to technology intensive and now knowledge, skill and innovation intensive. Each time, as we make the shift, instead of asking what is wrong with the past, we should focus on what is right for the future.
Source: Hansard