SUSTAINABLE GROWTH: THE CASE OF SINGAPORE
Journal: The Journal CONTEMPORARY ECONOMY (Vol.2, No. 2)Publication Date: 2017-06-30
Authors : Sorin-George TOMA Cătălin GRĂDINARU;
Page : 105-111
Keywords : economic growth; Singapore; Lee Kuan Yew; government.;
Abstract
Singapore's economic success over the past 50 years constitutes a valuable example for other countries worldwide. In the beginning the Republic of Singapore had a weak economy and no hinterland. Its sustainable growth has been achieved through the strong leadership of Lee Kuan Yew, the faith maintained between the government and its people, the hard working and commitment of a multiracial society. The aims of our paper are to briefly present and analyze the evolution of Singapore's economic growth. The methodological approach is based on a case study.
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