00000caa a22000003i 4500 UP-1685594773862388487 Buklod 20210316134657.0 m | | ta 210316s1996 xx r |||| u|eng d (iLib)UPBAG-00039513677 BAG rda eng ARTICLE-2680 Khan, Habibullah author. A brief assessment of Singapore's economic miracle Habibullah Khan. 1996. pages 119-146 25 cm text rdacontent unmediated rdamedia volume rdacarrier Includes bibliographical references (pages 144-146). After reviewing Singapore's economic performance in the past three decades, the paper seeks to identify the reasons for Singapore's success by adopting a political economy approach. It is argued that Singapore adopted a balanced combination of market and government and its economic philosophy closely reflected the governed market theory based on developmental state model. Although government intervention in Singapore was fairly extensive, the interventionist measures did not distort market efficiency due to the high quality of political leadership, pragmatism, meritocracy and social conformism. The future outlook for Singapore economy remains bright and such an optimism is based on improvements in its educational standards, training programs, and stringent criteria of recruitment in the administrative service, as argued in the paper. Singapore Economic conditions. Economic development Singapore. The Philippine Review of Business and Economics Vol. XXXIII, No. 1 (June 1996), p. 119-146. (viewed 16 March 2021) FI UPBAG UPBAG-MAIN ARTICLE-2680 Analytics