SINGAPORE, Nov 11 — Go for higher growth and develop “real depths of capabilities” in seven or eight areas. That, in a nutshell, is an economic strategy Finance Minister Tharman Shanmugaratnam sees for Singapore in the face of growing volatility.“Don’t go for a lower growth path for the sake of managing volatility. Go for a higher growth path but prepare our businesses and our workers well for the occasional shocks and respond quickly when they come; get out of it quickly, get out of it stronger,” he said in closing remarks at a forum on industry proposals for the Economic Strategies Committee (ESC).
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