This distinguished achievement by Singapore has been possibe only because we have a group of leaders who are capable and possesed of excellent academic credentials, and whose integrity, dedication and commitment to the principle of multi-racialism are only too evident. The leaders are also fortunate in that they have in us a people who are generally hardworking, sensible, co-operative, eager to learn and very teachable. Indeed the contribution of the people is a crucial factor for Singapore's success as a nation and a sovereign political entity. So what Singapore has been able to achieve is the outcome of good and effective governance plus the enterprise of a people who are intelligent and