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The measures adopted by the government has helped Singapore to achieve sustainable economic growth as it has raised actual production and expanded production capacity through the production possibility curve. The influx of foreign workers, land reclamation and import of resources will expand the production possibility curve, achieving potential growth to allow greater production and this can be seen from how the PPC will shift outward.

To raise the actual production, Singapore has been able to achieve greater production through the inflow of FDI and export demand which can be seen from how the production has increase from one level of combination to another level where the production of both types of goods (consumer and capital goods) have increased.

As long as Singapore can raise both the production and production capacity simultaneously, she will be able to attain sustainable economic growth as the national output can be raised with the given capacity.

Simon Ng

Founder, JC Economics & General Paper Tutor at Economics Focus
JC Economics Tutor Simon Ng of Economics Focus has been teaching A Level Economics and A Level General Paper since 2003. Simon set up Economics Focus to assist students in their pursuit of academic excellence at the examination by providing economics tuition for H1 and H2 students. JC1 and JC2 students are inspired by Simon's clear teaching methods that enabled them to comprehend economics terms and concepts. Simon developed the Rational Thinking methodology to aid students to excel in their JC economics essays and CSQs.