Last edited by Negal
Friday, February 14, 2020 | History

4 edition of Economic growth in Singapore in the twentieth century found in the catalog.

Economic growth in Singapore in the twentieth century

IchirЕЌ Sugimoto

Economic growth in Singapore in the twentieth century

historical GDP estimates and empirical investigations

by IchirЕЌ Sugimoto

  • 296 Want to read
  • 17 Currently reading

Published by World Scientific in Singapore, Hackensack, N.J .
Written in English

    Subjects:
  • Economic development,
  • Economic conditions

  • Edition Notes

    Statementby Ichirō Sugimoto
    SeriesEconomic growth centre research monograph series -- v. 2
    Classifications
    LC ClassificationsHC445.8 .S84 2011
    The Physical Object
    Paginationxlii, 403 p. :
    Number of Pages403
    ID Numbers
    Open LibraryOL25043905M
    ISBN 109814317918
    ISBN 109789814317917
    LC Control Number2010353512
    OCLC/WorldCa646401434

    These fully and partially state-owned enterprises operate on a commercial basis and are granted no competitive advantage over privately owned enterprises. However, their geographical location slightly away from the main trade route see map and the rugged internal terrain costly for transport made them less attractive to foreign investment. Car ownership is heavily taxed and those who do own cars tend to use them mainly for leisure activities, or for weekend trips to neighboring Malaysia; rush-hour traffic jams are unusual. In the PAP government took Singapore into the Federation of Malaysia, a somewhat improbable entity stitched together from a patchwork of territories in South East Asia which had come under British control over the previous century, and to which the British were now only too anxious to grant independence. With the advent of the steamship in the mids and the opening of the Suez Canal inSingapore became a major port of call for ships plying between Europe and East Asia. By the end of the s, levels in physical and human capital in the four economies far exceeded other countries at similar levels of development.

    Hong Kong came under intense speculative attacks against its stock market and currency necessitating unprecedented market interventions by the state Hong Kong Monetary Authority. Please ask Ruth Austin to update the entry or send us the correct email address. The former contained most of the industrialized manufacturing countries and the latter the principal sources of foodstuffs and raw materials. Huff has written a solid, authoritative economic history of Singapore in the twentieth century Moreover, without a hinterland and neighbors who would trade with it, Singapore was forced to look for opportunities well beyond its borders to spearhead its industrial development.

    This allows to link your profile to this item. Byjust seven years after independence, one-quarter of Singapore's manufacturing firms were either foreign-owned or joint-venture companies, and both the United States and Japan were major investors. In addition, there are now serious concerns about how the growing numbers of elderly Singaporeans will cope with long years of retirement. In the s, Singapore was primarily exporting textiles, garments, and basic electronics.


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Economic growth in Singapore in the twentieth century by IchirЕЌ Sugimoto Download PDF Ebook

In comparison, the value of imports exceeds exports for Singapore's trade with the US since The next day, he concluded a preliminary treaty with Temenggong Abdu'r Rahman to set up a trading post here. Its GDP per capita has risen to an incredible U.

The peace and prosperity ended when Japanese aircraft bombed the sleeping city in the early hours of 8 December On 22 Decemberit became a republic, Economic growth in Singapore in the twentieth century book Yusof bin Ishak as the republic's first President.

However, their geographical location slightly away from the main trade route see map and the rugged internal terrain costly for Economic growth in Singapore in the twentieth century book made them less attractive to foreign investment.

Profits to capital and good smallholder incomes supported an expanding economy. Influenced by Israel's ability to leap over its Arab neighbors who boycotted Israel and trade with Europe and America, Lee and his colleagues knew they had to connect with the developed world and convince multinational corporations to manufacture in Singapore.

The main terms of the merger, agreed on by him and Lee Kuan Yew, were to have central government responsibility for defense, foreign affairs and internal security, but local autonomy in matters pertaining to education and labor.

Therefore, as a way of ensuring a Malay majority within Malaysia proper and to limit the influence of communism, the Malaysian parliament voted to expel Singapore from Malaysia.

But perhaps the best parts of the book are those that deal, in a fair and balanced way, with some of the problems which face Singapore in an increasingly dangerous and uncertain regional and global economy.

This was also to include British territories in Borneo, with the British controlling the foreign affairs, defense and internal security of Singapore. Not Peebles and Wilson, who are often very perceptive about both the benefits and costs of a development strategy based so heavily on government involvement in, and regulation of, most sectors of the economy.

In the PAP government took Singapore into the Federation of Malaysia, a somewhat improbable entity stitched together from a patchwork of territories in South East Asia which had come under British control over the previous century, and to which the British were now only too anxious to grant independence.

Please note that corrections may take a couple of weeks to filter through the various RePEc services. Tin mining also attracted attention from European, mainly British, investors who again introduced new technology — such as high-pressure hoses to wash out the ore, the steam pump and, fromthe bucket dredge floating in its own pond, which could operate to even deeper levels.

There is also a good discussion of how Singaporean exports have managed to grow in spite of the real appreciation of the dollar since the s. Realizing that the domestic entrepreneurial class was small and inexperienced, the strategy was to rely on foreign investment and expertise, while at the same time building up strong state enterprises which would monopolize the provision of infrastructure electricity, water and gas, telecommunications, port facilitiesand also provide housing, transport and other basic services for the local population which was mainly accommodated in overcrowded and unsanitary slums.

Cornucopia: The Pace of Economic Growth in the Twentieth Century

The other main players in this drama were the Malayans, who, inagreed to Singapore's merger with Malaya as part of a larger federation. Huff's book is an illuminating study Modern Singapore is a remarkable phenomenon, which has attracted the attention of social scientists from several disciplines and a wide range of ideological viewpoints.

In terms of total cargo tonnage handled, it has become the world's second busiest, behind only the Port of Shanghai. However, the economic slowdown in the United States, Japan and the European Unionas well as the worldwide electronics slump, had reduced the estimated economic growth in to a negative 2.

President Sukarno of Indonesia worked actively against it during the three years of Indonesian confrontation. Themes and Beginnings: 1.

Four Asian Tigers

There are currently over 3, multinational corporations operating in the country, accounting for more than two-thirds of its manufacturing output and direct export sales.

The Four Asian Tigers recovered from the crisis faster than other countries due to various economic advantages including their high savings rate except South Korea and their openness to trade.

If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.Jul 10,  · The country's draconian, but business-friendly laws became very appealing to international investors.

In contrast to its neighbors, where political and economic climates were unpredictable, Singapore was very stable. Moreover, with its advantageous location and established port system, Singapore was an ideal place to manufacture goods.

The Stages of Economic Growth Revisited, Part 1

formal education throughout the 20th century, and economic growth, defined as the monetary aggregate GDP (gross domestic product) that is used widely by economists and the press to measure the economic performance of industrial societies. Over the following pages it is argued that the specific form of education system, characterized.

This book provides a comprehensive overview of the economic development of Singapore, easily the leading commercial and financial centre in Economic growth in Singapore in the twentieth century book Asia throughout the twentieth century.

This development has been based on a strategic location at the crossroads of Asia, a free trade economy, and a dynamic entrepreneurial 42comusa.com by: Oct 11,  · This book provides a comprehensive pdf of pdf economic development of Singapore, easily the leading commercial and financial centre in Southeast Asia throughout the twentieth century.

This development has been based on a strategic location at the crossroads of Asia, a free trade economy, and a dynamic entrepreneurial tradition/5(2).The Four Asian Tigers, Four Asian Dragons or Four Little Dragons, download pdf Chinese and Korean, only the "dragon" terms are used), are the economies of Hong Kong, Singapore, South Korea and Taiwan, which underwent rapid industrialization and maintained exceptionally high growth rates (in excess of 7 percent a year) between the early s (mids for Hong Kong) and 42comusa.coml meaning: Asia's Four Little Dragons.Ebook Economic Growth of Singapore - by W.

G. Huff October We use cookies to distinguish you from other users and to provide you with a better experience on our websites.