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- Dec 30, 2010
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Coalition governments are common across the world today. More than 75 countries have some form of a coalition government. The experience of many developed countries with coalition governments has shown us that they can produce stable governments, social cohesion and credible economic performance. They have also nurtured great global companies and innovative thinkers. Finland has had coalition governments for 94 years and experienced its most stable government since independence under a “rainbow coalition” of 5 parties. Their rainbow coalition is not unlike our rojak but without the sprinkle of nuts and spice. It also boasts of one of the better known global companies Nokia. Denmark with a population of about 5 million has at least 13 Noble Prize winners, Singapore with a similar population, has none. Even the United Kingdom which has a coalition government since last year, has its share of great companies and has not seen them or investments leave the country. Only yesterday, we read that a Singaporean tycoon, my good old schoolmate from RI, has invested a few hundred million dollars in a British company. So be wary when PAP tells you that coalition governments will frighten away investments.
- http://theonlinecitizen.com/2011/09/tan-jee-say-prepare-for-a-broad-based-non-pap-government/
- http://theonlinecitizen.com/2011/09/tan-jee-say-prepare-for-a-broad-based-non-pap-government/