Singapore Is First Overall In The Global Dynamism Index

Singapore ranks 1st overall in the world in Grant Thornton’s Global Dynamism Index (2015 edition), up from 7 in the previous iteration of the index. 

However, the index also noted that Singapore's dynamism is held back by the reducing percentage of the population under 30 years of age.

Recall that Manpower Minister Lim Swee Say, and indeed Prime Minister Lee Hsien Loong, had said during the election campaign that one key challenge facing Singapore is how to keep the economy dynamic in the face of an ageing population and a shrinking workforce. 

This is the challenge and the reality that Singapore faces, which the opposition parties have avoided addressing, choosing instead to focus on 6.9 million infrastructure planning parameter. 

Today Singapore is first overall. The challenge is how to maintain this dynamism in the face of the demograhic challenges we have. 

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