Monday, May 2, 2011

Singapore GE 2011 - How i would analyse the quality of the political party's manifesto

I would analysis the quality of any political party’s manifesto, arguments and proposals (regardless if they have any government experience or track record) on the following criteria:

  • High-level and sophisticated understanding of economic and social realities and possibilities:

    • Microeconomic
      1. Consumer and Producer
      2. Risk and behavior under uncertainty
      3. Welfare economics
      4. Economics of information

    • Macroeconomics
      1. Growth
        • Progress of science and productive knowledge
        • Growth of individual skills
        • Incentives on every economic decision
      2. Consumption
      3. Savings and investment
      4. Short-run fluctuations
      5. Monetary and exchange rate policy in a small open economy
      6. Financial crises.

  • A clear plan from a policy-oriented perspective:

      1. Economic convergence and patterns of development
      2. Productivity and technological change
      3. Poverty and inequality
      4. Health and education
      5. National Defense
      6. Demography
      7. Industrialisation
      8. International integration


  • A clear plan on development issues:

      1. The design and implementation of programs and an assessment of their social impacts
      2. International, Regional and Counter level trade arrangements
      3. Timing and sequencing of transitions to the economy
      4. Reform of the civil service.
      5. Provision of public goods e.g. sanitation, law & order and water.


  • A clear plan to expand democratization.

Reference Source : MPA/ID JFK School of Government

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