I am also hopeful because I see many young Singaporeans nowadays certainly much more well informed than I was when I was their age. They read a lot m… - Lawrence Wong

The external environment is indeed a big concern for us because even as we go about leadership transition and entering our next phase of development, we are doing so at a time when the world is changing, and it is going to be a new global order, which is likely to be very messy and unpredictable, because the world is in flux. The unipolar moment for America has ended. Everybody talks about going into a multipolar world but it is not quite at a stable equilibrium yet. And this period of transition will be very messy, a lot will be marked by nationalism, protectionism, excessive nationalism – nationalism itself is not a bad thing – but excessive nationalism, very aggressive nationalism, protectionism, rivalry between the major powers. The pattern of globalisation that we have benefited from in the last 30 years will also be very different.

I would say that we have come a long way as a country these last 60 years. We have fought incredible odds; we have defied incredible odds to achieve this miracle called Singapore. It is a transformation beyond anyone's imagination. Now, we are in a new phase of Singapore's development. But in fact, the best chapters of the Singapore Story are yet to be written.

I entered politics because I saw it as a continuation of public service. And I have over the years found my calling in public service. It was not the case when I started out to work, to be fair. When I started working, I was an economist in the Ministry of Trade and Industry. I had been rejected by the Public Service Commission to be in the Administrative Service, so I was not involved in a lot of policy work. My work was largely around economic analysis. I would be the quant, so to speak, or the guy doing all the analytical work; somebody has an issue, you want to analyse what happened to the economy, under these circumstances, there is a regional financial crisis, what is going to happen to Singapore? Well, you ask me the question, I will run my models, I will do the technical number crunching and I will give you the output. That was a lot of the work that I was involved in at the start of my career.