00000caa a22000003i 4500 UP-1685594773862409122 Buklod 20210506152511.0 m | | ta 210706s2015 xx r |||| u|eng d 16551516 (iLib)UPBAG-00040067455 BAG rda eng ARTICLE-3390 Chia, Siow Yue author. Singapore's five decades of development lessons and future directions Chia Siow Yue. [Quezon City] School of Economics, University of the Philippines 2015. pages 38-64 23 cm text rdacontent unmediated rdamedia volume rdacarrier Title was 'Philippine Review of Business and Economics' until 1979. Title changed to 'Philippine Review of Economics and Business' from 1980-2000, and again changed to 'Philippine Review of Economics' since 2001. Includes bibliographical references (page 64) This paper looks at Singapore's transition from a Third World economy at the time of political independence in August 1965 to a First World economy five decades later. It is a unique city-state with a dearth of land and natural resources and pursuing a government-led, mnc (multinational corporation)- led, and export-led development strategy. Government and governance have been outstanding, and the city-state overcame its constraints by adopting open trade and investment policies, making the region and the world its economic hinterland. Five decades later, while facing the same demographic and land constraints, it has to overcome the challenges of transitioning into a private-enterprise-driven and innovation-driven economy. Economic development Singapore. Singapore Economic policy. Singapore Economic conditions. The Philippine Review of Economics Vol. 52, no. 2 (December 2015), p. 38-64. Request full-text access via UPB University Library through https://forms.gle/KZjBv7aRtY6jiL5E9 UPBAG UPBAG-MAIN ARTICLE-3390 Analytics