The World’s New Economic Engines


On a recent trip to Singapore, I found myself counting cargo ships in the Singapore Strait as I stared out the window of a new high-rise in the Marina Bay Financial Centre. The southeastern view was unobstructed because several blocks between the building and the bay haven’t yet been developed. That entire neighborhood, a blank slate called Straits View, was reclaimed from the sea in the 1990s. Now it’s positioned to become a burgeoning business district—with plenty of space to grow upward in the years ahead. Singapore’s transformation from bustling port to supercity in a matter of decades is obviously an ideal outcome when you’ve got room to run. Fresh from its star turn in the film Crazy Rich Asians, the city will play host to Bloomberg’s New Economy Forum on Nov. 6-7. There’s much that developing countries can learn from Singapore’s impressive trajectory…

Read more : Bloomberg, 05.11.2018