Occasional Papers

Singapore: A Case Study in Rapid Development

By Kenneth Bercuson

December 1, 1995

Preview Citation

Format: Chicago

Kenneth Bercuson. Singapore: A Case Study in Rapid Development, (USA: International Monetary Fund, 1995) accessed November 21, 2024

Summary

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.

Subject: Balance of payments, Foreign direct investment, Labor, Labor costs, National accounts, Private savings, Production, Total factor productivity, Wages

Keywords: Africa, Asia and Pacific, Caribbean, Correction Policy, CPF savings, East Asia, Europe, Financial services service sector, Foreign direct investment, Global, Labor costs, OP, Private savings, Right, Saving rate, Singapore economy, Singapore's development, Southeast Asia, Total factor productivity, Wage, Wages

Publication Details

  • Pages:

    75

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Occasional Paper No. 1995/018

  • Stock No:

    S119EA0000000

  • ISBN:

    9781557754639

  • ISSN:

    0251-6365