The Amazing Avocado Fruit

healthlife2

This is potentially the most random post on my website but a friend of mine who translated the Japanese variety show, Tetsuwan Dash episode on 16 June 2020 (Guest: Inohara Yoshihiko) for her family, decided to share a whole host of fun facts gathered from the show with me. So I thought it a waste not to reproduce them here:

Avocadoes have twice the Potassium of bananas, 7 times the Vitamin B2 (aids in breakdown of fats) of kiwis, twice the vitamin E (an antioxidant) of lemons, and twice the dietary fiber of 1 great burdock (a kind of root).

Types of Avocados

The most common type of avocado exported around the world is the Hass variant of avocado. This is because its thick and hard skin makes it ideal for long distance travel i.e. export. It seems to be the only one available in Singapore as well. In Japan and other places, they have started growing Pinkerton avocadoes (picture to be added soon – notice shape is different from regular Hass avocados)

The price of these Pinkerton avocadoes grown in Miyazaki (called “Hinata Princess” = sunny place princess). A 500g avocado (big) costs 5000 yen (USD50)! Unfortunately you can only buy these reportedly amazing avocados in Japan, either via their online shop (mail order) or at Miyazaki airport.

Another species is called the Monroe avocado (named for Marilyn Monroe), this same farmer in Miyazaki also grows them. They grow so huge that one avocado can sell for as much as 12,000 yen (USD120) if it tops 1kg. The one they showed on the show was 24cm long!

Similar to bananas, avocados can’t be eaten as soon as they are harvested because it takes time for the starch in the fruit to be converted to glucose (making it sweet and yummy). However in the case of avocadoes, instead of being converted to glucose, starch is converted to fat (unsaturated fat). This unsaturated fat is good for lowering bad cholesterol, and is the key ingredient giving avocadoes their deliciousness – the longer they are left on the tree before harvesting, the yummier they are because they have a higher fat content.

In the show, the Japanese farmer leaves his Pinkerton avocados on the tree (to slowly gain more fat content) for a year before harvesting! On the other hand, the normal avocados we eat from the supermarket have usually only been left on the tree for about 7 months before being harvested, because it takes about 200 days before they are big enough to be harvested and they then harvest it as soon as they are ‘big enough’. For this particular farmer, after leaving the Pinkerton avocados on the tree for a year, he stores them at 20’C for 20 days to allow them to continue to ripen (starch => fat conversion).

Unlike Hass avocados which turn black when they are ripe and good to eat, Pinkerton avocadoes do not change colour (stay green) so the way to tell the best time to eat is when you press the avocados with your finger and it is soft enough to leave a mark. The taste of Pinkerton avocadoes is also different (especially after staying on the tree for a whole year) – the hosts of the show described the taste as being similar to chestnut, and much richer than the normal Hass avocados.

The show featured this avocado farm in Miyazaki (on Kyushu island), and the good thing about the location of this farm is that the soil is actually stratified rock formed of alternating layers of sandy soil and clayey soil. The sandy soil allows water to penetrate easily as well as oxygen, while clayey soil retains nutrients. Furthermore, as this stratified rock was formed undersea (before being pushed above sea level by tectonic movements), it also contains the remnants of shells and coral – this means lots of sodium, calcium, and magnesium in the soil!

How to prepare avocados for consumption

The Japanese avocado farmer’s recommended way of eating avocados is to drizzle sesame oil and a dash of pink rock salt! The hosts tasted and said this was super good.

Other gourmet means of enjoying avocado were featured on the show as well:

Avocado foods

1)  Avocado gyoza – avocado will add to the richness of the gyoza

  • Mix minced meat with garlic, ginger, oyster sauce (like normal dumpling filling), place in the gyoza skin
  • Place a piece of avocado in the center
  • Fold the gyoza and fry it over medium fire for 2 mins
  • Pour hot water over the gyoza until they are 70% covered and cover with the lid and leave for 10 mins
  • Drizzle sesame oil and leave over medium heat for another 5 mins to get nice grill marks

2) Avocado Kimchi Cheese Nabe (hot pot)

  • The usual hot pot stuff like cabbage, pork, shimeji mushrooms in a soup base of katsuo/kombu
  • Add 300g kimchi and bring to boil
  • Add camembert cheese right in the center and surround with pieces of avocado, leaving it on low flame for 15 min [host commented avocado oil is good for the heart]
  • Tip: add guacamole to the hotpot for added taste and texture (of the spring onions)

3) Avocado wrapped in meat

  • Slice avocado longitudinally
  • Marinate boneless pork rib with salt and pepper, and potato starch
  • Wrap the avocado in the meat!
  • Fry in olive oil over medium fire for about 7 mins
  • Turn off the fire and drizzle shoyu (soya sauce) [avo fat + pork fat = umami!]

How to store avocados if you’re not finishing the whole thing

If you remove the seed, the meat will start to oxidise and turn brown. You can put the seed back after removing to slow down the oxidisation. But a better way suggested by the farmer was that after you open the avocado, you just don’t remove the seed and eat the half without the seed, then put the half with the seed still attached into the fridge (with cling wrap). This way it will not oxidise.

How to store avocados so they will be yummy: allow them to ripen at room temperature (counterintuitive since avocados are usually sold at the refrigerated section!). Letting avocados ripen in low temperature will cause brown lines to appear (I’ve personally experienced it). But it’s okay if the avocado is already ripe then you put it in the fridge so it’s cold when you eat it.

Thank you all for indulging us!

 

Covid-19 & a time of Thinking

nature-musings

Without being too conscious of it, the 3-month period of working from home has fostered a period of greater reflection. Rather than the melancholy that people might tend to have experienced during this exceptional period, I seem to have experienced a break which I had been needing for years now. Perhaps it is my introversion finally having space to express itself, and I finally have more space to ideate and think about things that the world needs which I can contribute to. For the longest time, this side of me seem to have disappeared and life seems always about execution, manifesting activities.

It is also a period when I have much more time to think about Ikigai which is a concept I’ve come across rather long ago but failed to spend more time thinking through. The ideal confluence of ‘What I love’, ‘What I’m good at’, ‘What the world needs’ and ‘What I can get paid for’ seems almost elusive on first glance. But I think we’ve been so conditioned, so influenced by the society, the Singapore-education’s linear approach that we’ve created some false dichotomies and choices in life, seeding our own misery.

This is the reason we conduct surveys that forces people into a corner; but this recent woohaah also led to some good reflection. I recall the times when I gave up on initial hopes of getting into the arts (I dabbled with graphic design, film-making, animations during high school), thinking I wasn’t good enough at it even though I kind of enjoyed it. At the back of my mind however, I did feel that if I go down that path, I’d be a letdown to my parents even though they never forced me into one area or another. And the reason is that I shared the common view that an artist won’t be able to make money.

I’ve certainly gotten myself into a profession at the moment, doing something I’m relatively good at and can get paid for it. The fact that I love economics and my work is tangentially related to that helps. And for the longest time I did genuinely have that sense of mission, and that I’m making a difference. But gradually, service at church helped to fill that bit on the sense of mission, which perhaps made me less insistent on doing ‘meaningful work’ in my day job. Life can really ‘slip’ in this way when we just try to go with the flow. Or perhaps when the waves of circumstances leaves you without a choice of the direction by which to go.

I’m definitely going to be more deliberate and mindful in considering the concept of Ikigai. And may the Lord open doors towards more meaningful work that I’d find more passion in.

Costs of Innovation

I was updating some of the contents of this personal website and ended up re-reading the paper I wrote during my wonderful course in US Business and Economic History at Stern Business school in the Summer of 2014, taught by Prof Richard Sylla. I realised that in the table of comparison on the intellectual property systems of UK and US, I failed to illustrate the magnitude of difference in costs of filing patents under each system!

In 1624 up till 1852, it could have costs 100 pounds sterling in order to file in England. To file across jurisdiction of Great Britain to include Ireland and Scotland would have set an inventor back by up to 380 pounds sterling! In contrast, the US system was set up in 1790, charging only 4-5 US dollars per patent, increasing up to 35 US dollars in 1836.

Now the comparison was completely moot without including the exchange rates at that point of time! Perhaps my way of describing the system kind of glossed over it without it being a problem for Prof Sylla but today, almost 6 years after writing that paper, I want to set that straight.

So as usual, FRED saves the day with its wonderful datasets – they actually had a monthly exchange rate dataset that went as far back as 1791! For full disclosure, I would like to point out that they constructed it from Bank of England’s data on Three Centuries of Macroeconomic Data – incredible undertaking by those folks I must say.

In any case, we could safely consider the exchange rates to be around 5 US dollar to 1 pounds sterling, save for the slight fall in value of pounds during the Napoleonic wars and the huge fall in value of US dollars starting 1861 when the American Civil War started.

With that exchange rate in mind, we now see that in 1791, we now know it would have cost 100 times more to file a patent covering England compared to one that covers Federal United States (then only 13 colonies, and bits of other territories one must recognise). And of course, this gap went down to around 16 times by 1836 but still, it was a huge difference! No wonder Charles Babbage who invented the Difference Engine was quoted by Dutton (1984, p.70) describing the system in this manner: ‘the most exalted officers of the State in the position of a legalized banditto’.

That aside however, today, companies’ management systems that puts managers and bosses as the supreme single ‘buyer’ of ideas (monopsony for ideas as Gary Hamel of London Business School pointed out in The Future of Management) is costing innovation more. Unlike the British patent system, which was repeatedly boycotted by inventors such as Charles Babbage, the traditional systems of management often could ‘hide away’ innovations and good ideas simply fail to get the resources or actions it needs to prove themselves or even be realised!

In my paper, I argued that the merits of the American system of intellectual property as it had evolved, was not so much the price for a patent, or the fact it operated by statutes rather than case laws (and therefore is effective even when it is not yet challenged in courts), it was the power by which it incentivised inventors and innovators to share and spread their ideas around. This allowed for the society to build more ideas upon them and even combine various ideas together to form new ones – each layers protected by the IP rights and allowing the system of agreements to form for the various inventors to share in the benefits of the resulting composite ideas. The corporation, in stifling ideas with its system of management, imposes huge costs on innovation and suffers for it. Often, it is not just good ideas which are lost but also idea-generators and good employees who leaves in frustration.

Teaching, Beyond the Classroom

education

Teaching, by and large, have shifted increasingly from schools to farther afield. So those aspiring to teach; bear in mind that leaving education sector, or not being a ‘teacher’ altogether, might be a good choice.

I had always enjoyed teaching, and have a deep passion for education – which is why I tend to have so many commentary ultimately honing in on education reforms, changes in perspectives that would help to alleviate issues and challenges I observe in the society at large. I have a lot of interactions with teachers primarily because most of my friends became teachers, and having been married to one, new friendships with more teachers inadvertently forms a permanent part of my life.

Yet through these interactions, it is often the daily problem solving that occupies them and hardly any thoughts about dealing with larger issues in society through education, or their role in teaching. In fact, for teachers today, teaching is relegated to a very small part of their actual jobs – with admin, pastoral care, managing projects – and not forgetting marking – taking a lot more time.

“Real teaching” has gone on to tuition centers, enrichment and supplementary classes perhaps. Learning has also changed because many would say that what they learnt in school doesn’t apply much in their work or most of the rest of their lives! Though the academic qualifications they gained count towards something.

Because I love teaching, I realised that my work interactions, be it dealing with bosses, peers or juniors, I incorporate a lot of ‘teaching’ in them. Some would say it’s communications, which probably forms a more general part of the equation; but for most part, as the economy becomes increasingly knowledge-based and knowledge-intensive, teaching skills at work actually matters a lot. The ability to transfer and share knowledge meaningfully matters – whether tacit or explicit knowledge. And this applies not just downwards to juniors and peers but also to your superiors. A large part of this sharing, involves engagement to the extent of teaching.

In fact, sales, is generally teaching. And conceiving it as teaching helps me recognise better how to prepare a pitch, because what I am trying to do is no longer just merely trying to convince and persuade, but to do so through encouraging understanding. In so doing, I also clarify my own thoughts and don’t come across as trying to baffle the audience. This trustworthiness is an important reputation a salesperson ought to gain to be able to deliver consistently.

And over time, you learn to recognise the ‘good students’ from the bad, invest your time wisely to teach and gain rapport with the good students, try to reform the bad ones, and you’d realise, you’re a teacher after all! Whether in consulting, business development, sales, as an operations manager working within a facility – industrial, commercial, even residential – you can be the teacher you might have thought you had wanted to be.

My Dad, who had wanted to be a teacher when he was 16, was rejected for being too young. During those days, people did start working early but he was told to get more qualifications. He eventually went on to be a clerk in public service, shifting around until he became part of the tax department. That anchored him within the tax sector which he stayed within for the next 30 over years. He never became a teacher. But in many sense, within the family, in our interactions, he has always been one.

Infrastructure Economics vs Business

power-infrastructure

I was recently invited to speak to students on careers in Infrastructure in a panel organised by Advisory Singapore. I must really applaud the efforts of this student-led initiative to help others know more about careers, jobs and life in the working world. There’s a fair bit of demystification necessary when it comes to what real work (or real world, for that matter) really involves.

In any case, I was asked a very simple question which I think most of us will fail to be able to answer; what is the difference between the economics and business? Of course, having been invited to be talking about infrastructure sector, I used a context-specific example to answer the question.

In the context of Infrastructure, the evaluation of whether to proceed with a project would be based on whether the social benefit exceeds the social costs. At a society level, as long as the benefits, from the economic growth, the job creation, the uplift of people above poverty lines, the improved standards of living (all of which, economists would need to somehow put a dollar figure to quantify), exceeds the costs, which in the case of social costs, would include not just the monetary costs of construction but the inconvenience it brings to people during the time of construction, the recurring costs in terms of operations, and the pollution it might potentially create (say, in the case of a coal-fired power plant), then the project should go ahead. That is the economics of infrastructure, pure and simple, aggregated and unencumbered by issues of distribution.

Business case, however, is a relatively new issue that is brought out by the existence of Public-Private Partnerships and trying to account for government budget constraints. It is one thing that the social benefits exceeds the social costs; but it is another issue for the benefits to an investor to exceed his costs (including the construction, cost of capital, risk compensation, etc.). This investment would be from the public sector or private sector but the idea remains the same; and it relates to a big topic of value-capture, or in essence, distribution of value created:

  • If the infrastructure is invested by the government, it must make sure that it is able to recover from the social benefits an amount of tax revenue (or whatever other forms of revenue from government services) that is able to cover the capital expenditure and operating expenses of the infrastructure.
  • If the infrastructure is invested by the private sector, it must be given concessions, or guarantees from the government that allows it to ensure it is able to recover from the beneficiaries of the infrastructure, an amount in revenue that is able to cover the capital expenditure, cost of capital and operating expenses of the infrastructure.

Notice that if the government is technically as efficient as the private sector and have lower cost of capital (due to its ability to generate tax revenue de jure), then it is actually more effective for the government to undertake all manner of infrastructure investments. It is when the innovation, technical efficiency and capital discipline brought about by the private sector exceeds the reduced cost of capital of the government, that the infrastructure should be passed on to the private sector.

Therefore, the business case goes down one level from the economic case for infrastructure, focusing instead on the distribution of value in order to enable the infrastructure. This is assuming that the economic case has been established – too often, due to vested interests and private benefits exceeding private costs (despite social benefits being less than social costs), infrastructure projects are conceived, even executed, only to become white elephants.

Of course, in the real world, we are confronted with limited and imperfect information; that is where we must be able to learn to work within the confines of what we can know, and proceed with a decision. Added to that, something we often miss out in Economics, is the need to also uphold a degree of morality and integrity in the environment so that vested interests do not creep into the picture. Alignment of incentives can only go so far and no more if economic players are morally corrupt. That is when EQ and adult sensibilities matter much more than IQ and pure intellectual prowess.

Inward-lookingness of an Open Economy

future-development

Singapore’s economy is going into a period of much less optimism and this of course is something that we are not alone in when we look at the global economy. As much as we’d like to think we are insulated from some of the headwinds or that we can mute some challenging effects with expansionary budget, the fact that we are an open economy remains.

The idea of a small export-oriented economy succeeding in the world and that being the right strategy finds itself more in the global context that the economy is in, rather than the inherent structure or nature of the economy. Of course, Singapore put in place policies that allows us to execute on the ‘small, open economy’ idea well, and we reaped its success but let us not kid ourselves with that inward looking view that our policies by themselves stands up well (as though they are inherently good and not made optimal due to circumstances).

I’ve been a champion of using closer study of history (some older pieces includes this and this) to appreciate and understand the global context by which an economy succeeds or fails. And as the world enters a phase of increasing trade tensions, nationalism, indulge in the folly of closing their economies, we too, need to rethink our ideologies associated with being able to compete, and consider how far we are going with our so-called advantages and whether we need to invest more deeply into them. Our traditional metrics of competitiveness, of targeting growth might need to change and this is a window of opportunity to shift people’s attention to some new ways of looking into diagnosing the growth of our economy and fruits of our labour.

For a start, considering the structure of the economy in terms of demographics and how income, wealth and government’s revenue structure from various socio-economic groups in the country will matter. Next, looking at our connections with the rest of the world in the form of Foreign Direct Investments, Direct Investments Abroad, net Direct Investment Abroad, Imports, Exports and scrutinising the network of our Double Taxation Agreements and Free Trade Agreements will help. Finally, we can consider vibrance of community life of our citizens – be it civil society, or religious activities’ involvements.

When we were younger, our parents gauged our growth based on physical parameters like weight, height; then when we grew a little older, they looked at our behaviours, and the intelligence we exhibit. As we enter teenage and adulthood, our growth became more based on social parameters and maturity. While in some sense, those attributes manifest themselves imperfectly through grades, salary, job positions, etc, we need to acknowledge that as one grows, we ought to look at different and new parameters that indicates genuine growth.

Likewise, in an economy, if we are still stuck with looking at GDP and having policy or resources responding to that, then it would be rather immature. Yet at the same time, we ought to realise that those figures/quantities that represents the concepts behind them, are often flawed and we ought not take them too seriously to the extent of assigning them 100% weightage in reflecting the reality of matters. Finally, the global context we reside in must inform our actions and allocation of resources, investment into different areas. A man do not grow inherently or inwardly, he grows because external circumstances forces it to – if we often just think about insulating ourselves, then we may even insulate ourselves from the need to grow.

Extreme Meritocracy

nature-musings

Clinical psychologist Sara-Ann wrote a recent piece on CNA about young people burning out in life and work (especially work); it relates somewhat tangentially to my not-so-recent musings on prestige careers. Strangely, she decides to spend more of her piece empowering the individual, listing 5 points that the individual can do to combat burn out. Nevertheless, she tucked in the piece a very important statement we should delve more deeply into, as a society:

[T]he onus is on organisations to recognise the importance of workplace health and build workplace cultures conducive to their employees’ physical and mental health.

There is a need to put this responsibility back to organisations; and one of the difficulty of doing this, is perhaps the misconceived notion which Sara-Ann herself perpetuated by saying:

Indeed, organisations should tread cautiously and strive to achieve a balance between increasing productivity and deleteriously endorsing a hustle culture.

This is ultimately an issue of balancing short-term and long-term priorities for any organisations. To me, the only perspective worth taking is still the long-term perspective and anything that is used to deal with short-term issues must not detract from the long-term perspective. The lack of worker engagement, endorsement of hustle culture, always asking for ‘more’ (which might involve cutting corners to create capacity to deal with more) as oppose to ‘better’ (which could involve questioning practices, eliminating inefficient or unnecessary ones, so as to create capacity to do more important things), reflects an organisation that has lost sight of the long-term perspective.

I think organisations, leaders, need to assist individuals on all of the 5 points that Sara-Ann pointed out in her commentary.

  1. Structures and leadership in place must be able to catch the warning signs of burnt out individuals – especially good-performing ones
  2. At risks of being paternalistic, organisations need to ensure basic needs of staff are fulfilled – work can never be the expense of physical and even (genuine, not perceived) psychological needs.
  3. Companies and organisations must develop credos that emphasize clear sets of priorities and actively help staff resolve conflicts between these priorities so that each individual have a good sense of how to order their work to achieve the most for the organisation
  4. Workplace health promotion and social activities can sometimes end up being additional obligations – take active steps to ensure that downtime for workers are genuine downtimes and encourage participation gently. Provide staff with time and space for down-time.
  5. Create routines for engagements that are genuine, unpretentious and safe for staff to express their views, engage in meaningful debates on things that matters to them at work. Too often, ground views are suppressed in favour of management views, politics ignored or taken as given; respecting employees, down to the lowest level, is the

A recent book I’ve been reading, Enlightened Capitalists by James O’Toole talks about many leaders and companies who have sought to do all that, and more. Whether the small size and open nature of the Singapore economy allows for that sort of practices is another story. Too often, these companies are considered sui generis but given Singapore being also a bit of a sui generis itself – I wonder, if we could choose to take this lead in this part of the world to make a difference to the way our own country continues to develop, and the manner the region would grow.

If we are to do so, then our extreme meritocracy which Sara-Ann described would be the first place to start working on. In fact, Clifton Mark penned a piece earlier this year in Fast Company, which suggests that not only is the notion of meritocracy an illusionary ideal, believing in it actually do you little good. And that, is probably how our poor 26-year-old Dave in Sara-Ann’s commentary came to be where he is. To address this conundrum relating to what could well be one of our national ideals (another one, probably less mentioned now and peddled around only when necessary, is pragmatism), would be a great challenge.

The only means would be to identify other values to supplant this so-called ideal. It has to be compelling both in psychology, philosophy and also sustainable in its economics. And to that end, I think the virtues of care, and making sure that we can sustain caring, can be a good starting point to see what we can crystallise eventually. Just as people had thought that treating people as resources for a company rather than as the soul of the company (courtesy of Sara-Ann who used that description) made economic sense; we can rewrite this orthodoxy through learning from companies highlighted in James’ book: Johnson & Johnson, ACIPCO, Levi Strauss & Co, Lewis Partnership, etc.

Prestige careers and burnout culture

Been reading quite a bit of writing on this topic primarily because I’ve been speaking to many young people about jobs and careers.

A friend shared this link to a Medium article. He was suggesting that in the context of Singapore, there is this happening and added to the list of the careers would be the sort that is promised to “government scholars”.

Singapore is unique in the sheer number of government-sponsored students in the foreign universities perhaps in proportion to our population. And myself being a beneficiary (though my friend would think, “victim”), I’d say that it has definitely help to develop a rich pool of human resource and talents. Yet as any MNC trying to move into Singapore would attest, talent for those sectors listed in the article is actually hard to come by, primarily because they are hoarded by government.

Through that article, I also found out about Andrew Yang’s book which I started reading. The beginning chapters which share largely about the motivations of high-achieving students aligns well with the true story of “elites” in Singapore. Not just the academic heros but those with lots of co-curricular achievements and even volunteering experiences.

Probably something worthwhile for Singapore government is to consider how to foster more risk-taking communities and to support talents to build things. And also to continue opening its talent pool up to be accessed by the industry- it can be shortening of bonds or just simply doing away with scholarships altogether, creating new forms or institutions that provides education in a manner that works closely with the industry and is primarily led by the industries which generate real value.

The infrastructure industry represents such a place where business focuses on value-generation for long term developments that enable economic growth, and creates new employment opportunities in the emerging economies. Yet risk-capital and human-capital is clearly under-allocated because the world has become increasingly short-term in its thinking and the influx of short-term (to the sense of instantaneous) data is worsening our myopia.

We need talents for these areas of human development. And we lack them partly as a result of the same myopia; lots of talents have poured into technology leading to that same momentum feeding itself. By virtue of its long term character, infrastructure development will find it hard to compete for both talents and resources. There will have to be a sea-change in culture and a shift in our attention towards the common future the world needs to head towards.

The greater the resolution of the big data, the poorer our vision of the big picture.

This is a bit of a seminal piece dealing with draps and bits of ideas mashed together. Hope I find time to think through and put up a few more coherent pieces soon!

This is our country, this is our flag

nature-musings

 

The 2018 NDP theme song is out. And normally, I reserve my thoughts about arts and music to myself and those closer around me because I claim no authority on these matters. But there is a certain excitement in my heart after watching the music video as I begin to discover why I like the refreshing honesty it presents.

[youtube https://www.youtube.com/watch?v=__pmy8a17pM&w=560&h=315]

I cannot help but see how Charlie Lim’s self-penned introduction in this remade version of ‘We are Singapore’ captures the zeitgeist of today especially in the first 4 lines, which generates the emotional connection necessary to make the last 3 lines genuine, a sincere call to action.  I want to reproduce it here:

How many times have you heard them say
The future is uncertain and everything must change
Well, all of my worries and all of my fears
Begin to lose their weight, when I hold you near
If all that we are is what we believe
Then I know I’ve got to be the change I want to see
How easy we forget everything takes time
No, nothing’s ever perfect, I still call you mine

As a matter of fact, even as we criticise and complain about the country, as we travel and learn to appreciate the cleanliness, tidiness, the sense that everything just works here in Singapore, we ought to see some of those worries and fears fade away. Not in that complacent way that we once (sort of) had, but in the manner where we restore some faith in ourselves.

In contrast, Hugh Harrison’s original introduction has it reversed, where it ramps up to a high note from a low one; which of course also reflects the zeitgeist of the late 1980s. It speaks of a confidence that we have attained after two decades of nation-building and significant growth.

There was a time, when people say that
Singapore won’t make it, but we did
There was a time, when trouble seems
Too much for us to take, but we did
We build a nation, strong and free
Reaching out together
For peace and harmony

One may be tempted to put them together and say it illustrates how much we have ‘declined’ in terms of the confidence of our attitude and tone, our perspectives towards the future. But I’d rather say we have moved on towards maturity where we now no longer struggle with the same nation-budding issues but one of an established country. Where our diversity challenges now extends beyond race or religion to wealth and/or income inequality, social classes. Where our success have brought some of our capacities (such as transport infrastructure) to its limits.

Finally, in the NDP 2018 Theme Song music video, there’s also a sense of partnership between citizens and the government. It is brought out subtly through the ordinariness of the images, the people (with a diversity that extends beyond our traditional social constructs of the various groups). The simple reverberations of ‘We are Singapore’ do away with the intentional political correctness of heavily criticised NDP theme songs over the past decade. Political correctness tends to inject a subtle atmosphere of government towering over citizens and silently observing in the background, ready to pounce at any infraction. I’m really excited that we are a nation moving on from that.

Productivity Puzzle

city

I’ve looked into growth accounting for more than 3 years of my Economics education, variously as a Bachelors student as well as in my Masters. Singapore ourselves have had to confront this issue long ago. My LSE Econs 101 Professor was the one who in many ways ‘decried’ the composition of Singapore’s growth in “A Tale of Two Cities: Factor Accumulation and Technical Change” (1992).

A relatively recent ADB paper looking over that debate with a fair degree of hindsight suggested that in the context of today’s pursuit of development, we are kind of past those considerations. The whole debate was merely transitory in terms of our understanding of productivity but had some implications on our economic measures/policy which continued till today. In any case, I don’t want to discuss the measures; rather, I want to return to the fundamentals to argue that productivity simply isn’t an economic parameter (the way population isn’t). And our obsession with it as an economic parameter results in consigning this to the responsibility of economic bodies/agencies.

Productivity as one may simply observe, varies across countries, places, organisations and contexts. Institutions shape productivity, but so do weather conditions, not just that which is produced from land but also that which is from labour. Levels of education, the content of education within the system, as well as culture – all of these shapes productivity. In fact, the conversations around water coolers, morale of a body of people – all of these shapes productivity and it’s plain to see. Do we think we can incentivise productivity in a systematic manner?

There is this strange imagination that the answer may lie within enterprises but I afraid that is seriously misguided. Government investment will probably have to take place within the education system, and to consider society and culture at large. For example, a potential area is looking at unlocking large potential in the arts – there are lots of talented artist locked up in low wage roles who would be able to generate impressive economic returns by deploying their talents into better use. At the same time, there is scope in getting the public better educated in the arts, to step up their appreciation of intangibles in life rather than being locked into a material chase. This will also help to create a small market, with which we could crowd in more demand and supply.

It is not even about values, though I must confess I don’t agree with the prevailing societal value of an obsession with material. Given that culture and education has lasting, systematic impact on productivity, why are we not placing more attention on that? Enterprises, unless they are large organization with the ability to propagate useful, efficient best practices in the economy, would be ill-placed to impact the socio-cultural forces affecting productivity.

The government have so many more levers than just the economic agencies to drive productivity growth. By classifying lacklustre productivity growth as an economic challenge, we miss out the big picture and the opportunity to help the society progress in what may be traditionally considered non-economic dimensions.