2002
DOI: 10.4337/9781781008201
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Economic Growth and Development in Singapore

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Cited by 40 publications
(21 citation statements)
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“…Despite its size and lack of natural resources, within 30 years of its independence in 1965, it has seen its GDP per capita grow from US$600 to pass US$24,000 by 2002, placing it among the top 20 wealthiest nations in the world (Peebles and Wilson, 2002;United Nations Development Programme, 2003). As shown in Table 1 below, until the Asian Economic Crisis of 1997, the economic success experienced by Singapore and other East Asian 'Tiger' economies as compared to other economies up until 1997 was a phenomenon not predicted by many economists.…”
Section: Entrepreneurship and The Singaporean Economymentioning
confidence: 99%
“…Despite its size and lack of natural resources, within 30 years of its independence in 1965, it has seen its GDP per capita grow from US$600 to pass US$24,000 by 2002, placing it among the top 20 wealthiest nations in the world (Peebles and Wilson, 2002;United Nations Development Programme, 2003). As shown in Table 1 below, until the Asian Economic Crisis of 1997, the economic success experienced by Singapore and other East Asian 'Tiger' economies as compared to other economies up until 1997 was a phenomenon not predicted by many economists.…”
Section: Entrepreneurship and The Singaporean Economymentioning
confidence: 99%
“…During this period, there was still considerable out-migration from Ireland, and only in the most recent period (since the mid-1990s) has there been very substantial immigration. By contrast, Singapore has enjoyed a much higher rate of population growth throughout the period, much of which has been due to a consistent inflow of migrants (Peebles and Wilson, 2002). Table 2 presents annual average growth rates of GDP for both countries and shows that Singapore has experienced nearly double the growth rates of Ireland in terms of GDP during the period .…”
Section: Outward Trade and Fdi Policiesmentioning
confidence: 99%
“…It is a long term process that should be managed with foresight and vision. Political stability provides a solid base for long run economic growth and financial strength as it was seen in Singapore [2,3,4,14] . The thinking on balance of payment stability has paid more attention on stability of political regime by authoritarian regime in development strategy [6] .…”
Section: Introductionmentioning
confidence: 99%