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Singapore
A Case Study in Rapid Development
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Abstract

Since attaining independence in 1965, Singapore has experienced exceptionally rapid growth, low inflation, and a healthy balance of payments. This paper reviews Singapore’s economic development from a long-term perspective and examines some of the factors that have contributed to the rapid growth.

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Author:
Mr. Kenneth Bercuson https://isni.org/isni/0000000404811396 International Monetary Fund

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Series:
Occasional Papers
Publisher:
International Monetary Fund
Language:
English
Publication Date:
01 Dec 1995
DOI:
https://doi.org/10.5089/9781557754639.084
ISBN:
9781557754639
ISSN:
0251-6365
Pages:
75
Keywords:
OP; right; wage; Singapore economy; CPF savings; saving rate; correction Policy; financial services service sector; Total factor productivity; Private savings; Foreign direct investment; Labor costs; Southeast Asia; Asia and Pacific; Global; Europe; East Asia; Africa; Singapore's development; Wages; Caribbean
Legal-disclaimer:
The views expressed in this book are those of the authors and should not be reported as or attributed to the International Monetary Fund, its Executive Board, or the governments of any of its member countries.
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