Well, obviously Singapore needs a lot of foreign investment. I think most citizens can accept that.
But at what cost though?
One metaphor that comes to mind is that of the tropical fishtank aquarium.
Ok, so you have guppies.. Everything seems fine. But you want more. So you introduce a dozen of piranha fish - competition will be great.
Hey, guess what happens next.
I think expecting the guppies to evolve and cope in such a small environment is a silly proposition.