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Economic growth and development in Singapore

Author: Peter Wilson

Publisher: Edward Elgar Publishing

Published: 2002-10-29

Total Pages: 342

ISBN-13: 1781008205

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.

The Economic Growth of Singapore

Author: W. G. Huff

Publisher: Cambridge University Press

Published: 1997-08-13

Total Pages: 500

ISBN-13: 9780521629447

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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.

Singapore's Success

Author: Henri C. Ghesquière

Publisher:

Published: 2007

Total Pages: 208

ISBN-13:

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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

Author: Linda Y. C. LIM

Publisher: World Scientific

Published: 2015-12-30

Total Pages: 333

ISBN-13: 9814723479

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"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"--

Economic Growth of Singapore in the Twentieth Century

Author: Ichir? Sugimoto

Publisher: World Scientific

Published: 2011

Total Pages: 446

ISBN-13: 9814317918

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Research on Singapore's economic history has been complicated by the absence of economic data on pre-independence Singapore. This book sheds light on two key aspects of Singapore's economic history, namely the relationship between economic instability and growth, as well as the government's fiscal policy towards economic growth.

The Practice of Economic Growth

Author: Keng Swee Goh

Publisher: Cavendish Square Publishing

Published: 2004

Total Pages: 300

ISBN-13:

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The importance of fast economic growth in developing countries has been an undeniable fact since the early 1970s. Today its significance is even greater as these emerging centres are eagerly sought as bases for economic expansion by developed nations. Singapore, in its rise from a struggling colony to its present status as an economic success, offers a glimpse of the factors that contribute to the growth of a thriving economy. Widely acknowledged as the architect of Singapore's economic growth, Dr Goh Keng Swee describes Singapore's experience, which confirms some of the conventional wisdom of growth theory but refutes much of the rest. Examining the social and economic lessons learnt by Singapore, Dr Goh notes that the role of the government and non-economic factors are pivotal to the development of a secure, confident nation. Speaking not as a theoretician, but as a practitioner, Dr Goh assesses how far theories conform with practice in the real world. This book is a collection of Dr Goh's essays during his years as Singapore's Minister of Defence. Besides his speeches on defence, Dr Goh explores sociological and economic issues extensively. These essays illustrate how the experienced practitioner, by venturing beyond the well-trodden paths and overcoming seemingly intractable problems, had helped Singapore achieve the benefits of economic growth and, thereby, a true national unity. This re-issue is part of the Singapore Economics History Collection and features a new Foreword by Professor Chua Beng Huat of National University of Singapore.

Explaining the Economic Success of Singapore

Author: Johnny Sung

Publisher: Edward Elgar Publishing

Published: 2006-01-01

Total Pages: 216

ISBN-13: 9781781956311

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'. . . 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

Competitiveness of the Singapore Economy

Author: Toh Mun Heng

Publisher: World Scientific

Published: 1998-05-13

Total Pages: 356

ISBN-13: 9814495956

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This book provides an intensive review of the economic competitiveness of the Singapore economy and identifies the strategies which will allow the economy to retain its competitive advantage in an increasingly globalised economic environment in future years. It is a timely exercise in view of the fact that the international trading and investment climate has liberalised considerably, and the regional economies are achieving remarkable economic growth and development which begin to challenge Singapore's competitive edge as a regional transportation hub, international financial centre and a primary regional centre for technology and education. Contents:The Macroeconomic Perspectives of Competitiveness (K Y Tan & M H Toh)Technological Policy and National Competitiveness (L Loh)Maintaining Singapore as a Major Shipping and Air Transport Hub (A Chin & J Tongzon)Upgrading Singapore's Manufacturing Industry (P K Wong)The Construction Industry: Restructuring for Competitiveness (M H Toh)Maintaining Competitiveness in New Age Tourism (P P Wong)Strategies for Financial Sector Development (G H Lim)Entrepreneurship and SMEs in the Singaporean Context (B Bjerke)Globalisation and the Social Fabric of Competitiveness (K C Ho)Human Resource Management for the New Competitive Environment (W Koh) Readership: Economists. Keywords:Singapore;Competitiveness;Technology Policy;Transport Hub;Entrepreneurship;Tourism;Financial Development;Restructuring;Manfacturing;Human ResourceReviews: “This book provides a comprehensive review of the competitiveness of Singapore in the global market.” Asian-Pacific Economic Literature

Business, Government and Labor

Author: Linda Y C Lim

Publisher: World Scientific

Published: 2017-12-07

Total Pages: 422

ISBN-13: 9813225254

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Business, Government and Labor in the Economic Development of Singapore and Southeast Asia analyzes the inter-linked and evolving roles of private sector business, government public policy, and labor markets in the economic development of Singapore and its Southeast Asian neighborhood. It does this through 16 essays written by Prof. Linda Y C Lim, an early and long-established scholar of these subjects, and published over a 35-year period. For Singapore, often considered the world's most successful economy, the essays highlight the determining role of government's industrial and social policy through to the present day, when the growth model of the past faces many external market and domestic resource constraints. In the rest of Southeast Asia, in contrast, the essays explore how private sector business, dominated by the locally-domiciled ethnic Chinese minority, thrived and drove economic growth in underdeveloped markets with imperfect institutions, and consider if and how this might change with China's increasing presence in the regional economy. A final set of essays analyzes the forces underlying women's employment, from labor-intensive Southeast Asian export factories in the 1980s to Singapore's foreign-labor-dependent economy and its current productivity challenges. Taken together, the essays show how government, business and labor interact in the process of economic development.

Refreshing The Singapore System: Recalibrating Socio-economic Policy For The 21st Century

Author: Terence Wai Luen Ho

Publisher: World Scientific

Published: 2021-08-13

Total Pages: 443

ISBN-13: 9811236550

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Singapore's rapid ascent from Third World to First since its independence in 1965 has won it acclaim as an 'economic miracle'. Economic success has been accompanied by impressive achievements in social development, as reflected in international rankings of human capital and human development.The city state's achievements are founded on a socio-economic system characterised by low tax rates, flexible labour markets, and individual 'self-reliance', with state support centred on social investment in education and public housing.Entering the 21st century, however, slowing economic growth, an ageing population, global competition, and widening income dispersion have put the Singapore System under strain. This has prompted a significant refresh of social and economic policies over the past 15-20 years.This book aims to bring the reader up to date on Singapore's socio-economic development in the first two decades of the 21st century. It looks back to the shifts in policy thinking that have accompanied structural changes to Singapore's society and economy, taking stock of the policy innovations aimed at sustaining income growth, economic security, and social mobility. It looks around to compare Singapore's approach to those of other countries facing similar challenges, situating Singapore's experience in the wider international discourse on public policy. Finally, it looks ahead to how the Singapore System may evolve in the years to come.