And an absurd thing about transition is that, while it lasts, problems need to be addressed by stepping things up, and not by slowing down.
I have just returned from Singapore, where I attended the Annual Meetings of the IMF and the World Bank Group, and I would like to share with you the positive impressions from my stay in a city strewn with a multitude of billboards assuring visitors that they will be greeted by “4 million smiling faces of Singaporeans.“ And it really was so.