Comments on: Do we “lack” resources?

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kk — Fri, 03 Jul 2009 06:50:58 +0000

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By: Christina

Christina — Sun, 13 May 2007 18:27:14 +0000

It’s beginning of lack of resources. Really world will face water shortages soon. And undoubtedly we can’t without water….we’ll die….. we are waited for death….

By: Titus

Titus — Mon, 07 May 2007 01:16:12 +0000

Latest yahoo news is that we might be facing a natural gas shortage for our increasing petrochemical activities due to drop in supply from Malaysia and Indonesia, as they want it for themselves. Are we in trouble?

By: cognitivedissonance

cognitivedissonance — Sat, 05 May 2007 17:07:23 +0000

As a neutral party, would like to link up Han’s previous writing on resources (no he’s not paying me for the link =p ) : http://www.singaporeangle.com/2006/07/myth-of-singapores-lack-of-resources.html

By: Fox

Fox — Fri, 04 May 2007 23:32:03 +0000

chrischoo:

The ‘unused’ land is needed for water catchment. If the land was available for development, why on earth would Singapore need to reclaim land?

By: chrischoo

chrischoo — Fri, 04 May 2007 16:47:42 +0000

WANG you have a point there, but it will take a phenomenal shift in the global economy to negate Singapore’s port resource. Even though Singapore’s position as a transshipment port is threatened by the emergence of China, it would be very surprising if no ships wanted to call at Singapore. Approximately 20% of the world’s sea trade passes through the Straits of Malacca, but even it dropped by half, it’s still a lot of money unless they manage to cut a lane through Thailand.

The other idea I’m skeptical of is the insistence that Singapore lacks land. If you’ve been to the Army and have trained in what’s left of the jungles in the western and northern parts of Singapore, you might realize that this is a most nonsensical idea that we’ve been made to believe in school.

We could probably triple our population if we built high-rise apartments in all the SAF training grounds. Also, Shenton Way is nowhere as cramp as Manhattan in New York City. Sure, we don’t have vast rolling hills, but land-scarce? Hardly. And given Singapore’s vast overseas investments, one wonders whether we need much land in the first place.

By: Han

Han — Fri, 04 May 2007 07:27:21 +0000

I want to say something I have repeated millions of times.

There is no such thing as “natural resources”. The only true resource is human ingenuity, and that requires human beings.

Furthermore, there is such a thing as the “resource curse”. Why are majority of resource rich countries so rife with corruption and poverty?

For references, read Julian Simon and Paul Romer.