ST Global Outlook Forum: A new social pact is needed to help "the slowness to keep pace with the fast," said Chan Sing Chun, Singapore News and Best Features



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SINGAPORE – To meet the challenges of social mobility and social merging, Singapore must develop a new social compact, Trade and Industry Minister Chan Chun Sing said on Wednesday (November 28th).

Calling on individuals and groups to redouble their efforts to help "the slow to keep up the pace of fasting," he said that fasting had to understand that part of their social responsibility was to build relationships with those who were less able.

His comments, delivered at the annual Straits Times Global Outlook Forum, come at a time when globalization concerns continue to disrupt politics around the world.

At the forum, which was held at the Raffles City Convention Center, experts addressed issues such as climate change and its impact on countries around the world. They also shared their views on specific topics such as the prospects for peace on the Korean peninsula.

On the need for a new social pact, Mr. Chan said that although government policy somehow helps slow the pace of change, Singaporeans must also develop a sense of collective responsibility.

"Do we take the maximum we think we have the right to have, or leave something more to those who need it the most?" he asked during a dialogue session that took place after his speech.

"If we have that kind of collective responsibility to each other, the kind of societal values ​​that say it's a privilege to care for others … and that we do not just have to take everything what we can, then I think we must: will have the new social pact ".

In the course of the dialogue, Mr. Chan also raised a point he had already made regarding the importance of political leadership that puts Singapore's interests first.

This leadership will enable Singapore to meet the challenges of globalization by applying its policies competently and coherently, he said.

"There is no magic formula for that," Chan said. "How can we code this into our DNA?" It's a constant process – finding people with the right value system is an endless task. "

Among those who have come forward, he said, there must be a "more ambitious feeling than they are here because the country is more important than their individual considerations".

In his speech, Chan said that current global trends in unilateralism, protectionism and trade frictions are all related to globalization, but Singapore needs to learn how to deal with these challenges as the closure of its borders Globalization has never been and can never be. an option".

"For a small city-state to survive and thrive, the world must be our backcountry from day one," he said.

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