How the fuck did Singapore become so powerful economically?

How the fuck did Singapore become so powerful economically?

bump

Bump

theyre not that 'powerful' economically. they provided high living standards and enormous wealth creation for their citizens by having a geographically advantageous location, little political strife and a technocratic minded government focused on economic growth.

Malacca strait

Capitalism.

offshore

>british law
>city state
>geographical important
>autocrat who put economy first

Forgive my ignorance but Autocrat? I thought Singapore was a republic.
Singapore seems comfy to live at.

>Autocrat? I thought Singapore was a republic.

LOL

neocameralism

China is a republic, so is DPRK too apparently - doesn't stop them being autocratic.

desuarchive.org/his/thread/2559502/#2559743
openness to global markets and investment
favorable attitude to the west and support from the west
inheriting infrastructure, industry and commercial ties from the British and a skilled educated organized workforce
an easy to secure island
proximity to less stable countries which provided a lot of raw materials increasing demand for a city where the long term large capital investments needed to process them are safe

Money laundering for Asians.

Neoliberalism. China specifically set out to copy their model in the 1990s and 2000s.

>this whole post
AHAHAHAHAHAHAHAHAHAHA

t.Singaporean

Lee Quan Yew was a benevolent dictator who favored free market economics coupled with soft eugenics.

He literally paid well-educated women to have children.

I feel stoopid ;_;
If that's so, how does Singapore's Autocratic government work?

turned the sea pirates into corporate lawyers

Other parties are neutered and crackdown on and immense pressure put on those who vote for them.

Look where it's located and you'll understand why.

4 words

The Straits of Mallaca

I met Cowperthwaite in 1963 on my next visit to Hong Kong. I remember asking him about the paucity of statistics. He answered, “If I let them compute those statistics, they’ll want to use them for planning.’’ How wise!

Nonetheless, there are some statistics, and in 1960, the earliest date for which I have been able to get them, the average per capita income in Hong Kong was 28 percent of that in Great Britain; by 1996, it had risen to 137 percent of that in Britain. In short, from 1960 to 1996, Hong Kong’s per capita income rose from about one-quarter of Britain’s to more than a third larger than Britain’s. It’s easy to state these figures. It is more difficult to realize their significance. Compare Britain—the birthplace of the Industrial Revolution, the nineteenth-century economic superpower on whose empire the sun never set—with Hong Kong, a spit of land, overcrowded, with no resources except for a great harbor. Yet within four decades the residents of this spit of overcrowded land had achieved a level of income one-third higher than that enjoyed by the residents of its former mother country.

I believe that the only plausible explanation for the different rates of growth is socialism in Britain, free enterprise and free markets in Hong Kong. Has anybody got a better explanation? I’d be grateful for any suggestions.

The Hong Kong Experiment

by Milton Friedman
Thursday, July 30, 1998

Milton (((Friedman)))

Based Lee Kuan Yew

See

China copied South Korea who copied Japan/USA. China only looked to Singapore in the 90's/2000's after they had developed more.

>Britain
>socialism

>Hong Kong
>"""""""""""free""""""""" market capitalism

>when lefty pol tries to be righty pol