The importance of engaging stakeholders in policy development
Stakeholder engagement is crucial for policy development and sustainable economic growth. Singapore is a leader in successfully engaging stakeholders and has been a case study for other countries, including OECD nations. Stakeholders, such as individuals, non-governmental organizations, businesses, academics, and civil society organizations, have a vested interest in policy outcomes. In Singapore, stakeholders are actively involved in policymaking, resulting in better decision-making, increased legitimacy, and policy success….
Ali Faqeeh, Research Associate