Makings of a leading-edge economy

THIS WEEK'S TOPIC: What are the quintessential attributes of a highly competitive economy?

Philip Yuen CEO, Deloitte Southeast Asia and Chairman Deloitte Singapore

What makes a country competitive is its ability to maintain and increase productivity for economic growth and prosperity in the midst of volatile market forces in the world today. A key attribute that would enable a country to do so is the presence of a stable and trusted government that instills confidence in the business marketplace and in the communities.

Having an infrastructure that allows for agility is also important - the ability to react quickly to the changes as a result of internal and external factors such as an ageing population, climate chan…