So over the next few months, I will try to compile a list of the possible threats to our future survival, prioritise and research each one to understand it better. Hopefully at the end of this exercise, I'll be able to form a more educated opinion on the question I posed above. And for whoever else is interested, perhaps this will be an interesting exercise too.
Comments and suggestions are welcome, the first step is to compile the list of trends (and some of the direct effects) that will shape our future. That can be found at the bottom of the page. From that list, I'm also posing myself some questions, which I hope to answer soon.
Questions
- How will Singapore be affected by a double-dip recession, and how has the casino affected the resilience of our economy and our exposure to the rest of the world?
- What are the biggest military threats to Singapore, and are we equipped to handle them? What else needs to be done?
- How will the combination of declining birth rate, Singaporeans working overseas and increasing immigration affect our identity as Singaporeans and national institutions such as national service?
- What are the threats to racial and religious harmony in Singapore, and what is the significance of recent government actions to restrict certain activities among religious groups?
- What does the rise of China mean for Singapore? How will it affect our economic, diplomatic and defence policies? How will it affect our society?
- Taking into account recent changes in CPF policy (such as cuts in employer contributions), is this system able to to support our aging population?
General Trends (Laundry list of ideas)
Global
Dependence on Global Economy
- Double dip recession
- Global impact on local export-led economy
- Decline of USD as world reserve currency
- Revaluation of Yuan
- Impact of casino
- Status as trade and transport hub
Security Threats
- Terrorism
- Cyber Crime / Cyber Warfare
- Conventional threats
Globalisation
- Decline of nation-state, national identity and nationalism
- Growing PR population and NS
- Brain Drain
Rising China
- Risk of global power transition / contest for influence in Southeast Asia
- Conflict over Taiwan / Spratly Islands
Regional
- Political and ethnic instability in Malaysia
- Political unrest in Thailand
- Resolution of longstanding bilateral issues
- Relations with neighbours
Domestic
Aging population / Declining birth rate
Racial and religious harmony
Growing income gap
Income Tax and CPF
Environment
- Environmental Damage and Pollution
- Water
Useful References
Statistics - Economic Indicators (Singstat charts)
4 Challenges Facing Singapore (National Day Rally 2009)
