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Governance And Economic Change In Singapore

Author

Listed:
  • SOO ANN LEE

    (Department of Economics & LKY School of Public Policy, National University of Singapore, 1 Arts Link #05-12, Singapore)

Abstract

The Singapore economy went through several changes due to changes in its mode of governance from being a trading outpost of the East India Company (EIC) to being part of the colony of the Straits Settlements, and more recently to being a British colony by itself, then to being part of Malaysia and now an independent republic. These modes of governance enabled the economy to grow until Singapore became more important and also more closely linked to the outside world. British rule, British capital and the response of the people who came, enabled Singapore to integrate technological change so that it is now part of a global network. However a declining rate of births and a large foreign population now compel Singapore to make further changes.

Suggested Citation

  • Soo Ann Lee, 2015. "Governance And Economic Change In Singapore," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 60(03), pages 1-15.
    • Handle: RePEc:wsi:serxxx:v:60:y:2015:i:03:n:s0217590815500289
    DOI: 10.1142/S0217590815500289
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    References listed on IDEAS

    as
    1. Huff,W. G., 1997. "The Economic Growth of Singapore," Cambridge Books, Cambridge University Press, number 9780521629447, January.
    2. Ichiro Sugimoto, 2011. "Economic Growth of Singapore in the Twentieth Century:Historical GDP Estimates and Empirical Investigations," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 7858, October.
    3. Ichiro Sugimoto & Eu Chye Tan, 2011. "Government Fiscal Behavior And Economic Growth Of Singapore In The Twentieth Century," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 56(01), pages 19-40.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Colonial Singapore; entrepot trade; economic growth; H11; N15; O53;
    All these keywords.

    JEL classification:

    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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