This book provides an intensive review of the economic competitiveness of the Singapore economy and identifies the strategies which will allow the economy to retain its competitive advantage in an increasingly globalised economic environment in future years. It is a timely exercise in view of the fact that the international trading and investment climate has liberalised considerably, and the regional economies are achieving remarkable economic growth and development which begin to challenge Singapore's competitive edge as a regional transportation hub, international financial centre and a primary regional centre for technology and education.

The study make recommendations in the following key areas: First, developing strategies to capitalize on future areas of growth in both developed and developing markets, leveraging on Singapore's strengths. Second, diversifying and deepening Singapore's corporate capabilities, including rooting foreign companies in Singapore and supporting the growth of globally-competitive local companies. Third, making Singapore a vibrant global city, with a diverse and deep pool of talent and strong links between research and development and enterprise. Fourth, creating good jobs and equipping Singaporeans with the skills and capabilities to enable broad based income growth. Fifth, developing strategies to conserve and diversify energy and optimize the use of land.

The ten countries in the ASEAN region account for approximately 5% of world gross domestic product and 8% of world population and represent the most diverse group of nations in terms of the level of prosperity, political system, culture, language, and history. This diversity in ASEAN not only helps us understand the notion of national competitiveness, but also provides important policy lessons for both developed and developing countries. This book - a collection of essays - provides insights on competitiveness challenges and policies. It provides an excellent overview of competitiveness for a group of countries at various stages of development. Written in a simple and accessible manner, this book will be of interest to students, researchers, business executives and government officials.