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Smart population policy holds key to Singapore's growth

Opening country to immigrants is credited with maintaining a dynamic economy

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A residential area forested with condominiums in Singapore; The city-state has accepted a large number of immigrants.   © Reuters

SINGAPORE -- Singapore knows the power of people. As well as being home to some 30,000 newborns annually, the city-state naturalizes another 20,000, said Singaporean Prime Minister Lee Hsien Loong in a welcoming ceremony for new citizens on May 27, stressing the importance of population policy.

The total fertility rate in Singapore is 1.20 in 2016, much lower than the 2.10 or so necessary for a country to increase its population. Still, the city-state's population continues to grow while Japan, with a higher fertility rate at 1.44, sees its steadily dwindle.

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