This article analyzes the economic reforms implemented in Singapore between 1959 and 2000 under the leadership of Lee Kuan Yew. The paper examines key factors such as post-independence Singapore's gradual transition from industrialization to a knowledge-based economy, policies for attracting foreign direct investment, labor market reforms, inflation management mechanisms, the Central Provident Fund (CPF) system, and the creation of the Jurong Industrial Estate. Additionally, it analyzes the reasons behind the successful navigation of the 1997–1998 East Asian financial crisis.
Li Kuan Yew's Economic Reforms in Singapore
DOI:
Keywords:
People’s Action Party (PAP)
People’s Action Party (PAP)Monetary Authority of Singapore (MAS)
Abstract
Downloads
Download data is not yet available.
References
Edwin Lee. Singapore: The Unexpected Nation. – Institute of Southeast Asian Studies, 2008. – P. 580.
Hopf Gregor. Saving and Investment: The Economic Development of Singapore 1965-99. – LSE Research Online, 2011. – P. 250.
Lee Kuan Yew. From Third World to First: The Singapore Story: 1965–2000. – HarperCollins Publishers, 2000. – P.768.
LePoer B. L. Singapore: A Country Study. – Washington: Federal Research Division, Library of Congress, 1991. – P. 357.
Nizamuddin, Ali M. Multinational Corporations and Economic Development: The Lessons of Singapore. International Social Science Review, Vol. 82, 2007. – P. 162.
Sonny Yap, Richard Lim, Leong Weng Kam. Men in White: The Untold Story of Singapore's Ruling Political Party. – Singapore Press Holdings, 2009. – P. 692.
Trocki Carl A. Singapore: Wealth, Power and the Culture of Control. – Routledge, 2006. – P. 216.
Арыстанов А. К. Секреты успеха Сингапура. – Сингапур: Sun Media Pte Ltd, 2021. – P. 144.