Singapore vs Brunei - 50 Years Economy Progress 
Sep 16 2012, 11:13 PM
QUOTE(tat3179 @ May 5 2012, 08:50 PM)
Basically this article is about Brains v Natural Wealth.
Natural Wealth will solve all your problems in the short run, but will make your leaders complacent and unable or unwilling to plan strategically for the future. Once the Natural Wealth runs out and you have no plan, to turn around would be almost impossible as your neighbors would have slaughtered you economically.
But if you really on Brains only to survive, planning is vital and you could not afford to make big mistakes. The leaders have to be constantly on their toes and their country will always make decisions that effect them 30-40 years down the line.
singapore also depends largely on natural wealth,indirectlyNatural Wealth will solve all your problems in the short run, but will make your leaders complacent and unable or unwilling to plan strategically for the future. Once the Natural Wealth runs out and you have no plan, to turn around would be almost impossible as your neighbors would have slaughtered you economically.
But if you really on Brains only to survive, planning is vital and you could not afford to make big mistakes. The leaders have to be constantly on their toes and their country will always make decisions that effect them 30-40 years down the line.
the island placed the largest oil refining facilities that produced more than million barrels of refined oil for different grade--of course largely of thoese experts managing those facilities are actualt expat from europe & US(naturally this has been the case since decades since SIngapore also is the main port & British HQ managing the resource from this regin since even before WW1)
while currently our facilities not even half of that output
wait till the pengerang facilities completed & the game will change & large part of their revenues will lost there
also when they island already virtually saturated to the max,their businesses & population slowly already moved into JB/Nusajaya-which indirectly making our country being flooded by their economic progress,indirectly
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