How Global City-states Balance Economic Growth & Liveability | Singapore's Balancing Act - Part 2

Host Kelly Latimer embarks on a multi-city journey to explore Singapore’s unique challenges as a global city-state. By comparing Singapore’s strategies to the city-states of Venice, Monaco, and the Vatican, the documentary reveals how these city-states navigate the trade-offs between openness to wealth, talent, and diversity, and the need to preserve equality, liveability, and identity.

From Singapore’s innovative urban planning to Monaco’s luxury-driven economy and Venice’s rise and fall as a financial and innovation hub, Kelly uncovers how these small states adapt to global pressures while facing distinct risks and opportunities. Experts and insiders provide insights on key issues like inequality, housing, and social cohesion, offering a deeper understanding of the balancing act required to thrive in a globalised world.

Through these cross-comparisons, the film highlights the high stakes and strategic decisions that shape Singapore’s survival and success in the 21st century.

00:00 Introduction: Challenges of being an open city-state
01:45 Singapore's port and global trade hub: Efficient but vulnerable
02:51 Monaco's economic expansion: From casino to wealth hub
04:57 Venice's rise as a financial centre
06:12 How Singapore rose to become a global financial centre
07:20 Influx of super rich into Singapore
08:49 How more visible wealth leads to rising felt inequality
10:04 Guarding against corruption in Singapore & Venice
13:28 Singapore's strategy for land and housing
14:24 Housing challenges from the 60s till now
16:37 Monaco's unusual mix of private and public housing
19:52 How does URA's E-planner work?
21:05 Balancing demand for housing & greenery
24:44 How Venice attracted talented innovators: patent laws
27:12 NUS Medicine & Prof Dean Ho: American talent in Singapore
29:53 Tension and competition between local and foreign talents
32:07 Monaco's mostly foreign workforce
33:52 Balancing openness to talent with national identity
34:41 Singapore's multicultural landscape
35:52 Monaco united by shared religion, royal institution
36:10 Vatican City offers a universal message of peace
38:40 Venice: City of many languages, religions, cultures
39:51 A historical isolated ghetto for Jewish refugees
40:59 Singapore's social integration policy
43:52 Students from many different countries in Tanjong Katong Primary

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ABOUT THE SHOW: Host Kelly Latimer examines how city-states like Singapore balance defence, diplomacy, openness, urban planning, and immigration, navigating growth, equality, and sovereignty in a globalised world.
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