“Should we run into economic or security difficulties in the future, countries that we’ve helped may feel a greater impetus to help, since we’ve helped them before,” he wrote
SINGAPORE: Workers’ Party MP Jamus Lim wrote in a July 27 Facebook post that there are several reasons why Singapore should consider upping the aid it extends to other countries, even when there are Singaporeans who themselves need help.But we don’t say the same thing when it comes to other aspects of international finance: we want to be a global wealth management hub, and pride ourselves that we are a major financial center.
What he experienced as a graduate student “applies to virtually all cultural relations, and to international relations as well,” he wrote, drawing a parallel to how Singapore can extend foreign aid to other countries. Assoc Prof Lim acknowledged that Singaporeans have many needs amid higher living costs and slower economic growth, “and as the saying goes, generosity begins at home.”
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