At the Economic Society of Singapore Forum on Budget 2013, SMU Visiting Professor of Quantitative Finance and Special Advisor to the Provost and Deputy President (Academic Affairs), David Lee commented that the Government has quickened the pace of economic restructuring, and is ready to let firms with low productivity and profit go. However, Visiting Prof Lee said that sectors such as the service industry could still be essential even though their productivity and profits are lower. Therefore, if the Government allow these firms to be eliminated without much consideration, it could damage the business ecosystem.