Home » Quote » Barack Obama » „More broadly, I think that the — if you look at some of the most successful countries in the world, they’re actually pretty small countries — like Singapore, for example — that on paper look like they have no assets, and yet, if you go to Singapore, it has one of the highest standards of living in the world. What is it that Singapore did that might be replicable? Well, one of the most important things they did was they made an enormous investment in their people. And if you’ve got a highly skilled, highly educated workforce, if you’ve set up rules of law and governance that are transparent and non-corrupt, then you can attract actually a lot of service industries to supplement the tourist industry, because people would want to locate in your country. You could envision people wanting to operate and have offices there where you’ve got a trained workforce. And these days, so many businesses are operating over the Internet that if you’ve got a really skilled workforce that provides value added, you will attract companies and you’ll attract businesses.“