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Learning From A Smart Asian State: Singapore

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  • Sorin-George Toma

    (Faculty of Business and Administration, University of Bucharest, Romania)

Abstract

Rarely in the course of world history has the pace of socio-economic and political transformation been so fast as in the case of Singapore since the mid-1960s. In spite of its lack of natural resources, the tiny Asian state achieved an impressive economic development and a high living standard in a short period of time. The successful story of Singapore shows clearly why the Asian city-state needed to be smart in the sense of being strategically oriented towards building a welfare society with a pronounced technological footprint. Visionary and strong political leadership, economic pragmatism, developmental policies, technological sophistication, and exceptional living conditions are among the key features of Singapore. The aims of the paper are to present the concept of smart state and briefly analyse its implementation in Singapore.The methodological approach is based on a quantitative method and a case study. The paper shows that the appearance and development of smart state can be considered as the outcome of the spread of the knowledge society worldwide. Also, it briefly analyses the case of Singapore, a smart Asian state, and identifies some of his main features.

Suggested Citation

  • Sorin-George Toma, 2019. "Learning From A Smart Asian State: Singapore," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 30(1), pages 172-180, December.
    • Handle: RePEc:but:manage:v:30:y:2019:i:1:p:172-180
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    References listed on IDEAS

    as
    1. Alwyn Young, 1995. "The Tyranny of Numbers: Confronting the Statistical Realities of the East Asian Growth Experience," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(3), pages 641-680.
    2. Sorin-George TOMA & Catalin GRADINARU, 2017. "Sustainable Growth: The Case Of Singapore," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 2(2), pages 105-111.
    3. Phang, Sock-Yong & Helble, Matthias, 2016. "Housing Policies in Singapore," ADBI Working Papers 559, Asian Development Bank Institute.
    4. Sorin-George Toma, 2019. "Learning From The Asian Tigers: Lessons In Economic Growth," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 63-69, June.
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    Cited by:

    1. Ioana – Julieta Josan, 2020. "Managing the employer brand to attract talents in the organization," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 31(1), pages 24-34, December.

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