DBS: Is GNI a more useful measure as firms go abroad?
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Singapore
SINGAPORE can overcome its "productivity trap" by expanding regionally and tapping higher growth elsewhere, said DBS economists Irvin Seah and Ma Tieying in a report released on Thursday.
"If productivity/GDP growth cannot be lifted above other advanced countries' due to an ageing population and a shrinking labour force, then investing overseas may help overcome the growth limitations," said the DBS Group Research team.
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