The sense of urgency to save human lives

The year 2020 has been unprecedented in many ways. We faced a concurrent triple crises – politics, economy and healthcare. The crises exposed our weaknesses. We may be angry with the Sheraton move. The economic and Covid-19 crises may cause us to despair. Yet, behind every challenge lies an opportunity to come out stronger.

Growth and distribution are like two propellers on an aircraft. Growth without distribution would spell trouble for the aircraft because demand would not be broad-based and may not be sufficient to sustain long-term growth, and failure to distribute adequately may also spell non-economic troubles that may threaten the prospect of growth.

No other economic concern is more important than the question of jobs. We should place the agenda of job creation front and centre. And the Government should be the catalyst to drive this agenda.