For its part, Singapore has been able to keep itself going largely by importing talent from abroad.

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Taught by rote, with little time spent on analysis, many are ill equipped to compete with bright young talent from abroad for jobs in an economy flush with 21st-century technology.

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They focus instead on the 20-odd awards the film has picked up abroad, its stunningly beautiful images of Istanbul and the enormous talent of its obscure actors.

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In addition to bringing in marquee names from abroad, Mr. Jereissati and his rapidly expanding empire have nurtured domestic talent.

WSJ: Carlos Jereissati, Renaissance Man