Explaining The Economic Success Of Singapore

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Explaining The Economic Success Of Singapore

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Author : Johnny Sung
language : en
Publisher: Edward Elgar Publishing
Release Date : 2006-01-01

Explaining The Economic Success Of Singapore written by Johnny Sung and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-01-01 with Business & Economics categories.

'. . . serious, useful and interesting volume. It is readable, original, creative and well researched. In analyzing Singapore's experience the author provides a superb case study. Moreover, in providing it, by venturing beyond the narrow confines of his case study Sung also makes points that are pertinent to the efficacy of development processes generally, including in newer, lower income and/or transitional economies. . . this reviewer recommends the book enthusiastically and without reservation.' - Robert L. Curry, Jr., Journal of Asian Business

Singapore S Success

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Author : Henri C. Ghesquière
language : en
Publisher:
Release Date : 2007

Singapore S Success written by Henri C. Ghesquière and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Singapore categories.

This monograph seeks the key to good economic policy by explaining Singapore's remarkably rapid development-the world's fastest-growing economy between 1960 and 2000-and asks whether the city-state's success can be translated to other countries. Engineering prosperity is at the heart of Singapore. The book demonstrates how exceptional cohesion amongst economic outcomes, policies, institutions, values, and leadership over a long period account for the impressive results obtained. The author is careful not to present Singapore as a model to be copied uncritically in its specifics but as a case history that illustrates general principles which other countries might wish to apply to their particular circumstances.Well-researched yet highly readable, Singapore's Success: Engineering Economic Growth will appeal to Singaporeans and a wide international audience, including policy-makers and advisors, students of development economics, and anyone interested in the quest for sustained economic growth.

Singapore S Economic Development

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Author : Linda Y C Lim
language : en
Publisher: World Scientific
Release Date : 2015-12-30

Singapore S Economic Development written by Linda Y C Lim and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-30 with Political Science categories.

' Singapore is known internationally for its successful economic development. Key to its economic successes is a variety of policies put into place over the past 50 years since its independence. Singapore''s Economic Development: Retrospection and Reflections provides a retrospective analysis of independent Singapore''s economic development, from the perspective of different policy domains each considered by different expert scholars in that particular field. The book is written by academic economists in a style that is accessible to non-experts. Each chapter includes reviews of past scholarship, current data on each policy area, and reflections on required or desirable future policy changes and outcomes. By examining the evolution of past and current policies which combined to make Singapore''s development a success and exploring emerging developmental challenges, Singapore''s Economic Development: Retrospection and Reflections gives readers a better understanding of Singapore''s economic trajectory and future. Contents:Fifty Years of Development in the Singapore Economy: An Introductory Review (Linda Y C Lim)Governance and Economic Change in Singapore (Lee Soo Ann)Lessons of Singapore''s Development for Other Developing Economies (Tilak Abeysinghe)The Role of the State in Singapore: Pragmatism in Pursuit of Growth (Tan Kim Song and Manu Bhaskaran)Monetary Policy and Financial Sector Development (Peter Wilson)Public Financial Management in Singapore: Key Characteristics and Prospects (Mukul G Asher, Azad Singh Bali and Chang Yee Kwan)Labor, Productivity and Singapore''s Development Model (Pang Eng Fong and Linda Y C Lim)Globalization and Regionalization: Singapore''s Trade and FDI (Chia Siow Yue)Singapore''s Demographic Transition, the Labor Force and Government Policies: The Last 50 Years (Yap Mui Teng and Christopher Gee)Singapore''s Housing Policies: Responding to the Challenges of Economic Transitions (Sock-Yong Phang)Adding a Basic Pillar to the Central Provident Fund System: An Actuarial Analysis (Ngee-Choon Chia)Being Poor in a Rich "Nanny State": Developments in Singapore Social Welfare (Irene Y H Ng)Energy and Environmental Policy (Youngho Chang)About the Contributors Readership: General readers, researchers and academics alike who are interested in Singapore''s economics and development since its independence. Key Features:It is a multi-author volume covering different policy areas all focused on economic development, thus providing both depth and breadth. The authors are all established senior Singaporean or Singapore-based scholars known for their expertise in the specific policy area each addressesIt provides both a comprehensive historical overview and an up-to-date contemporary analysisIt identifies not only the well-known successes of the past but also the challenges of the present and future now that Singapore is an ageing, affluent, mature economy, identifying limitations of past and current policies and suggesting possible changesKeywords:Singapore;Economy;Development'

The Economic Growth Of Singapore

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Author : W. G. Huff
language : en
Publisher: Cambridge University Press
Release Date : 1997-08-13

The Economic Growth Of Singapore written by W. G. Huff and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-08-13 with Business & Economics categories.

This book provides a comprehensive overview of the economic development of Singapore, easily the leading commercial and financial centre in Southeast Asia throughout the twentieth century. This development has been based on a strategic location at the crossroads of Asia, a free trade economy, and a dynamic entrepreneurial tradition. Initial twentieth-century economic success was linked to a group of legendary Chinese entrepreneurs, but by mid-century independent Singapore looked to multinational enterprise to deliver economic growth. Nonetheless exports of manufactures accounted for only part of Singaporean expansion, and by the 1980s Singapore was a major international financial centre and leading world exporter of commercial services. Throughout this study Dr Huff assesses the interaction of government policy and market forces, and places the transformation of the Singaporean economy in the context of both development theory and experience elsewhere in East Asia.

Economic Growth And Development In Singapore

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Author : Peter Wilson
language : en
Publisher: Edward Elgar Publishing
Release Date : 2002-10-29

Economic Growth And Development In Singapore written by Peter Wilson and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-10-29 with categories.

In this book Gavin Peebles and Peter Wilson offer an historical overview of the rapid growth and development of the Singapore economy, detailing the institutions and policies which have made this growth possible. They examine the current state of the economy and its future in terms of prospective growth and structural change.

Strategies Of Singapore S Economic Success

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Author : Sui Sen Hon
language : en
Publisher: Cavendish Square Publishing
Release Date : 2004

Strategies Of Singapore S Economic Success written by Sui Sen Hon and has been published by Cavendish Square Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Manufacturing industries categories.

Globalization is a key concern today as witnessed by the increasing international transactions and burgeoning interest in the fast-growing economies in Asia. Aided by the proliferation of technology and telecommunications, the tyranny of space and time has been rendered less daunting and more easily surmountable. As a small open economy, Singapore is highly vulnerable to external forces and dependent on the global economy for its trade, investment and technology markets. Recognizing Singapores vulnerable position, and faced with the increasingly complex and difficult global issues in the 1970s, Mr. Hon Sui Sen understood the need for desperate measures in desperate times. A man of vision and high intellectual capacity, and as one of the longest serving Finance Ministers in the world, Mr. Hon set policies that would help Singapore to weather the difficult years of the 1970s and lead it to achieve its status today as a thriving nation. This reissue is part of the Singapore Economics His

Economic Dynamism Openness And Inclusion How Singapore Can Make The Transition From An Era Of Catch Up Growth To Life In A Mature Economy

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Author : Hian Teck Hoon
language : en
Publisher: World Scientific
Release Date : 2018-12-21

Economic Dynamism Openness And Inclusion How Singapore Can Make The Transition From An Era Of Catch Up Growth To Life In A Mature Economy written by Hian Teck Hoon and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-21 with Business & Economics categories.

As Singapore progresses from a newly-independent nation to a more mature economy, the economic challenges it faces have evolved.In the 50 years following Singapore's independence, the country tackled economic challenges relating to a fledgling nation, that included launching onto a path of economic take-off, and managing workers' wage aspirations without rising unemployment. It met those challenges, successfully transiting from relative poverty in the 1960s to relative prosperity today.As the country enters the next phase of its economic development, having now surpassed the US standard of living as measured by real GDP per capita, it faces another set of challenges: How to transit from catch-up growth arising from technological diffusion from frontier economies, to generating indigenous innovation? How to face the problem of a shrinking local workforce? How to manage a shift in job preferences with rising wealth and educational attainments?This volume provides a theory of Singapore's economic development. With a coherent theory capable of explaining how Singapore got to where it is, the book analyses how the future might look like for the Singapore economy. With its forward-looking analysis, this book is valuable to students as it weaves macroeconomic data together with growth theory and highlights the interaction of economic forces with social influences and political institutions. It also serves as a good reference for other emerging economies that, like Singapore, want to avoid the middle-income trap, and for researchers interested in analysing the economic possibilities for current and future Singaporeans.

How Did Singapore Become One Of Today S Richest Countries The Meritocratic Foundations Of Singapore S Economic Culture

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Author : Donovan Choy
language : en
Publisher:
Release Date : 2019-02-17

How Did Singapore Become One Of Today S Richest Countries The Meritocratic Foundations Of Singapore S Economic Culture written by Donovan Choy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-02-17 with categories.

Master's Thesis from the year 2019 in the subject Social Studies (General), grade: B, CEVRO Institute, language: English, abstract: This Master ́s thesis is concerned with the question of how the meritocratic style of governance and culture fostered Singapore ́s way to becoming one of the world ́s richest countries. Singapore is one of the richest countries in the world today. Its economic development has been looked at as an exemplary case study for the ideal developmental process. The objective of this thesis is to study the role of culture in this economic development story. This thesis looks at the primacy of the prevailing ideas and cultural ethos that underlies Singapore's developmental growth after gaining independence. It is attempted to provide an explanation for Singapore's economic success from a cultural viewpoint by exploring the dominant cultural patterns and themes in Singapore society that shaped the "spirit" of modern Singaporean capitalism. The argument in this thesis however is isolated to one such cultural explanation. The contention is this: there is a strong market-friendly meritocratic culture that underscores Singapore's economic development after gaining independence. These attitudes are prominent in Singaporean cultural media products and the general rhetoric of the state, as will be shown. The modern government has to a large extent reinforced this culture of meritocracy that can be traced back to Singapore's institutional beginnings in its colonial history.

The Political Economy Of Singapore S Industrialization

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Author : Garry Rodan
language : en
Publisher: Springer
Release Date : 2016-02-03

The Political Economy Of Singapore S Industrialization written by Garry Rodan and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-02-03 with Business & Economics categories.

A study which challenges the dominant understanding of Singapore as a case where "correct" policies have made rapid industrialization possible and which raises questions about the possibility and appropriateness of its emulation.

Singapore 2065

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Author : Euston Quah
language : en
Publisher: World Scientific
Release Date : 2015-07-30

Singapore 2065 written by Euston Quah and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-07-30 with Social Science categories.

As Singapore enters its 50th year of independence, it is a time for introspection to look back at the successes and challenges of the past, but is also a crucial time to consider what the future holds for the nation. Singapore 2065: Leading Insights on Economy and Environment from 50 Singapore Icons and Beyond is one such key contribution to the endeavour of thinking about what lies ahead. While many forthcoming projects and books take a more retrospective approach reflecting upon Singapore's past, this book adopts a forward-looking perspective, contemplating Singapore's distant future, which is important for posterity. This book is a collection of key insights from 50 iconic individuals of Singapore and beyond, and contains reasoned arguments, speculations and visionary expectations of Singapore's future in 50 years' time. The book discusses the distant future of Singapore's economy and the environment. What will Singapore's economic and environment landscape be like 50 years from now? Are there trends or scenarios common to the various discussions contained in this book? If there are, how big would be the impact of some of these trends? What and how should the government respond to these projections, expectations and informed visions of tomorrow? In sum, what would Singapore's economy and environment be like in 2065? The book explores a range of possible answers to these questions and more. Not only will the generations of today be able to gain much insight into Singapore's future by reading this book, but future generations, specifically 100 years after Singapore's independence, will be able to understand and affirm what and how today's generations think about their time. The book is a key contribution to envisioning Singapore's future, which is also vital for understanding what shapes Singapore's landscape today. Contents: --> Readership: Educational institutions of higher levels; research institutions; various professional societies; the Singapore government and ministries; foreign governments; and general readers who are interested in finding out more about what leaders in Singapore envision for Singapore's future. Key Features:Contains contributed essays by very prominent Singapore icons, and edited by a leading and influential academic economistContains futuristic, leading insights and predictions, novel ideas, covering a wide range of topicsTimely publication to coincide with and celebrate Singapore's 50th anniversary of independenceKeywords:Singapore's Future;Economy;Environment;Transportation;Quality of Life;Energy;Demographics;Aging;Social Security;Income Inequality;Family;Technology;Public Finance;Finance;Taxes;Gender and Women;Trade;Geopolitical and Political Economy;Infrastructure;Resources;Connectivity;ASEAN;China;SEAReview: "A stunning collection of perspectives across the spectrum, Singapore 2065 presents a compelling look into the future through a series of thought provoking insights. This volume also celebrates the country's exceptional success, retelling the invaluable stories and anecdotes that have paved Singapore's tremendous journey over the last 50 years. As Singapore continues to chart into the next half century, Singapore 2065 leaves plenty to ponder and will remain a valuable repository of knowledge for many years to come." Bertil Andersson President Nanyang Technological University "Singapore 2065 has brought together a diverse and intriguing range of ideas and insights from a rich cross-section of contributors: policy makers, researchers, close observers of Singapore, student leaders, and others. These essays reflect on Singapore's remarkable progress and development over the past half-century, and explore the opportunities and challenges that lie ahead. Over the next 50 years, the world will continue to be an uncertain place, offering exciting opportunities, but subject to bouts of deep uncertainty and disruptive events and trends. Ultimately, Singapore's continued success over the next 50 years will depend less on our material resources, but on our people, and specifically our key attributes of nimbleness, adaptability, creativity, resilience and the willingness to strive for a common purpose." Tan Chorh Chuan President National University of Singapore "Singapore's success came in large part from its continuous efforts to anticipate what changes are likely, not often looking as far as ahead as 50 years ahead, but certainly not afraid to try. Here are 50 minds stretching forward into the 21st century — confirming that the city-state's spirit lives on. I am confident that our environment will have a better future thanks to the projections in this volume. Everyone who cares should read and think about them." Wang Gungwu Chairman East Asian Institute, National University of Singapore "There are few issues that are more important than the economy and the environment in the 21st century for any country. They are especially important to Singapore, given its size and open economy. As the nation celebrates its 50th birthday, justifiably proud of its achievement, it is also timely to contemplate what the future might hold and what we need to do to ensure continued success as a nation. In Singapore 2065, you will find food for thought. What is of particular interest is that the deeply thoughtful essays collected in this volume crisscross at different points, and also raise a number of fundamental issues concerning value and identity that are inextricably tied to Singapore's future development. This book certainly provides keen insight into the economic and environmental challenges we face, but it also compels us to reflect on the larger story of "Majulah Singapura" as we march into the future." Alan K L Chan Dean, College of Humanities, Arts & Social Sciences Nanyang Technological University