Topic: Leadership and Economics - page 10. (Read 2307 times)

We could say he is the founder of Modern Singapore and the way he developed a tiny island without any natural resource and the best thing he worked in the best interest of nation and it's development they selected the leaders, ministers and important portfolio was given of merit basis rather than given to their own relatives like it's happening in Arab and African nations right now as that's what causes corruption and leads countries to disaster.  Lee Kuan Yew was indeed the leader which every developing and third world countries need.

When a country is facing economic whirlwind, just know that it's either there is an increase in insecurities problems, exportation and importation challenges, rise in inflation and energy cost and with these problems, the country will find it difficult to attract any foreign investment. That's why if you watch US campaigns, you will see these are few of the things that are been campaign on just to win the next election because only a good leader can put these things in good shape.

Without a good leadership, no country will operate in where they should be doing well. Look at Nigeria for example; January alone, the Naira has depreciated against the dollar by 25% and this was because of insecurity around the state capital, there has been multiple reported case of kidnapping in the capital, there has been a crazy increase in food inflation and yet our crude oil production has not been surplus which means shortage in exportation of crude oil and all has affected the purchasing power of Naira. Who suffered this? The citizens of course. This is why you need a good leadership in to get a good life.

Kuan Yew has become a legend in Singapore, he is one of the founders of the country of Singapore and he has a big role in Singapore's success today, it could be said that Singapore is the country with the strongest economy in Southeast Asia.

a president or prime minister has a big role in developing the country they lead to become prosperous with the policies they implement. I have also heard the term that even a genius person will find it difficult to be rich if he comes from a poor country with a dilapidated and corrupt government.

For sure a right leader can really bring positive development in the life of it's subjects or followers because he would make sure he have the interest of the masses at heart and wouldn't take decisions that would affect the followers negatively. A place where there is no good leaders you will find out that businesses or investors doesn't come to such area because they would be afraid of the leaders taking a decisions that would affect their businesses or investments.

Having a leader that is incharge of what is going on in a country matters a lot. The work of a president,  prime minister is not just something of occupying sits , this is a vital position that needs people who are competent and people who are problem solver. People are responsible for how the economy is. If the economy is bad that means it someone who made it to be so and if the economy is good it is also someone who made it to be so. We can use just a small family settings to see how a countries economy is. when the father of a family is not playing his role it affects other members of the family , this is the same way when a president is not doing well it will definitely affect  the family.

If you do research,  countries that are doing well in the world just take a look a the leaders from these countries you would notice that these re leaders with good thinking faculty that can help and improve the countries economy. That is why it is important when choosing leader it is good to go after someone who have the capacity.

One great example on how good leadership reflects the economy of a country is with Lee Kuan Yew. He's the former prime minister of Singapore and he's known not just on their country but in the entire world on how this small country became a first world country and reached to the top. Internal policies and love for the country really are one of the many qualities of having a good leadership and this guy doesn't just have those few factors but his brilliant mind helped a lot of citizens thrived to compete into the global economy.

agree with what you said that true leaders are those who focus on long-term goals, not short-term goals such as free rice, free electricity or free fuel. Short term benefits like that will only have an impact in the short term, in the long term there will be no results, in fact this could turn into a boomerang for the country's economy because it will only burden the national budget and not have any economic impact.

We are mostly talking in terms of government political leaders here. In which case most of politically biased and although I might agree with some of their actions some might not get my approval but that does not matter at all to the world - that is how the democracy works.

In the context of following a leader, I prefer to learn the good qualities that a leader has and continue on my own instead of following them. A good leader can only lead but unless they have power at hand they cannot change things for the greater good.

Most of the times political leaders are having to face different people from other countries, pressure from communities and attempt to stabilize all of them at the same time. It is not an easy job and I usually keep myself away from such.

I so much believe in right leadership as a panacea to the sustainable development growth of a a family, a community, a society and a country at large. Good Leadership brings about the creation of policies and when there are great policies put in place in a family or in a community level,  it grows to become a sustainable development growth and economic stability of that particular environment.

Why I kept on mentioning family is because leadership begin from home like charity would begin from home, as well. So, having a right leader starts from having the right person to be the family head and when there is a great family coordination, the economy of that family bolsters which also replicates to the community,state and the entire country.

This is why whenever we talk about selecting or electing a leader to lead the country, the first thing I do as a criteria check is to make sure that I look at the leadership style of that leader at his family level.

What are his knowledge about the financial management and how is he able to manage the finances of his own family, the expenditures and profits of his businesses and whether he's doing well as a business person or even managing is businesses in the right direction, are the Criterion that I use to judge whether we are going to have a good leader who drive a positive economy or not.

So, for someone like me, having a right leader is equivalent to having the a great economy in a country therefore it is imperative for us to know those who lead us and what are their knowledge on the economy and financial discipline.

Let's examine leadership's superiority over management. You promote leadership as the key to organizational and economic success. While encouraging, this approach ignores the concrete drivers of economic progress. Leadership inspires vision, but without careful management, are we merely creating castles in the air?

Consider regional economic growth. It's simplistic to blame leadership. Economic policy, market dynamics, and investor confidence result from strategic planning and execution, not visionarism. You question if the right leader can make citizens, businessmen, and investors happy. Possible, though. However, this ignores the communal efforts needed to navigate modern economies. As citizens, businessmen, and investors, economic structures, regulatory frameworks, and global market forces determine our comfort, not the appropriate leader. Doesn't thinking differently seem naive?

Do you know South Korea leadership system? not far from the idea you discussed here. A handful of rich people and investors control the entire wealth system in the country, while the middle and lower classes cannot experience the benefits of prosperity equally. I do agree with appointing the right leaders, but if your benchmark is leaders who favor investors and the rich will only give rise to social inequality in society. A proper leader is a preacher who is able to side with all groups, does not differentiate between the social status of his citizens and sets rules and laws in a straight line. If you still think that leaders are trying to provide greater profits for investors and rich people, then you don't understand the justice system at all.

Why do I use South Korea as an example? That's for you to study and use as material for reflection about the government system that exists there.

Not a few South Korean citizens are now trying their luck in other countries because the level of economic competition can only stand strong if you are a rich person, businessman and also an investor with full support from the government.

Good leaders and government policies set the stage for success by creating opportunities and stability. But at the end of the day, your personal choices and actions are a big part of your own success. It's like a teamwork between what's happening around you and what you decide to do

I do agree it's not enough with not just a good leader but understand that if that's the case, it's going to be a big step because a good leader has control over the stuff that needs controlling and as much as we want to underestimate the capabilities it provides, a good leader is like about 80% of life improvement if it ever happens and that's why the people that benefits from the misery of the people and bad leaders are doing all they can to make sure that no good leader ever goes up and lead the people.

I agree about having a good leadership in a country really defines and helps the economics and stability of the country. And that is because with policies that they enforce and as well as the partnership that they're getting, it boosts the economic status of the country.

So, it affects the citizens with the opportunities that are coming and living comfortably but as an individual, I wouldn't let the government define my life and success and won't be dependent to them.

What I am trying to say, they're helping a lot of people's lives to become comfortable but at the same time our success depends on us.

Of course I agree with you, the life of a leader sometimes affects the lives of the ordinary citizens based on decision making system, if a good leader makes a good decision for his or her jurisdiction it betters the standards of living of the citizens that are being led vice versa.

I disagree with your choice of word.

This doesn't apply in every situation because here in my country the citizens can chose a different leader and another leader will emerge as winner and not can be done about it. so the word chose it what I disagree with instead let's say [because they have the right leader]. Here I my country external forces affect the national decision making, even to the extent of decided the leaders that will lead in an independent country ( Sovereign nation)  so the choice of its citizens doesn't count in this situation.

Leaders determine the success and failure of every institution. The reason why some countries are underdeveloped is because of poor leadership. It is the leader that coordinates the activities of people to achieve the goals of the organization. Followers will always follow the footsteps or direction of the leader, so we could say that bad leadership leads to bad followership. In my country, corrupt leadership is breeding corrupt citizens and this has caused underdevelopment. Almost all the nations of the world are corrupt but the poorest nations are usually the ones that have bad leaders.

A business will not prosper if the leaders are not knowledgeable. The leaders make decisions and these steps will determine the success or failure of the business. Successful leaders like Bill Gates, Elon Musk, Mike Zuckerberg, etc, portrayed extraordinary leadership skills which is why they were able to build successful businesses.

Bad leaders are corrupt and make bad policies, this invariably affects the life and standard of living of their citizens and it also reduces the productivity of small and medium scale businesses.

Having said that, just having a good leader alone is not enough to make your life comfortable, of course good policies would improve the standard of living and give businesses the platform to thrive, but the business owners and the citizens themselves also have to harness the resources and opportunites given to them. The fact remains that it is difficult to get a good leader these days, they are mostly corrupt and surrounded by corrupt individuals who are also part of the decision making process.

I can't agree more with you, because leaders are who shape our future, and if we are talking about the leader (Prime Minister/President) of our country, region nation, etc. Then we should really not compromise on selecting the one who has real potential. But the big problem with developing countries like mine is, that people don't care much about these leaders, for example, there are elections on 8th Feb in our countries. And seat candidates are doing there best to convince people.

Some are saying we will give free electricity, some are providing Special rice (biryani), etc. (short-term beneficiaries) and people are getting attracted by these things even if they have short term benefits, They might give free electricity (like a few unit hundred unites maybe) they might give you some relaxation at the start, but giving votes to a leader who tries hard to give you short term benefit and after that, you don't get to see him/her, I don't think that's a true leader.

As there is a difference between leader and Boss, these are totally two different things, what we make here in our country is just boss not leader. I hope you know the difference b/w them.

➥ https://binus.ac.id/character-building/2024/01/apa-pentingnya-memilih-pemimpin-bagian-8-12-tulisan/

The figure of a leader is very important for the economic growth of a region because the rules he makes will boost the rate of economic growth when it occurs effectively. investors will also feel comfortable with the right leader because their trust in their funds is well maintained, now there are many examples of countries experiencing good economic growth because they chose the right leader

what about you, do you agree with the right leader can make your life as a citizen, businessman or an investor comfortable?