Singapore: A Case Study in Rapid Development
December 1, 1995
More Formats on IMF eLibrary
Order a Print CopySummary
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
Pages:
75
Volume:
1995
DOI:
Issue:
018
Series:
Occasional Paper No. 1995/018
Stock No:
S119EA0000000
ISBN:
9781557754639
ISSN:
0251-6365
