The Suzhou Industrial park was a collaboration between Singapore and Suzhou, expected to bring in money to Singapore when we invested in it. Instead, we were met with disappointment when Suzhou decided to build their own industrial park called the Suzhou New District industrial park which is also located in the heart land of Suzhou not far away from the collaboration.
This experience shows us that we cannot trust other countries too readily as other factors may suddenly come into the picture and affect the economic growth.
I think that Singapore should not share our development experiences, especially since we are a small country. As small country with no natural resources to share, our development skills are what sets us apart from the other countries. Therefore, if we share our information, they will take advantage of these ideas and become more developed, thus other more powerful countries will also want to collaborate with them.
If we share with lesser developed countries, we will be in the losing position as they have lesser experience than us and they will gain more than us.
Our experience is our own pride and we cant just give it over so easily.
Thus, I think that we should not share our experiences so easily.
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