* * * It is always wise to look ahead but difficult to look further than you can see” – Winston Churchill.

... one reason for Singapore’s economic success was its ability to balance the … Presented in conjunction with SG50, Singapore’s Economic Miracle invites you to reflect on how far we have come in the last 50 years since our early days as a “scruffy tropical seaport” and to imagine what the next 50 years will hold for our nation. In my review of the top-ten textbooks (Economics on Trial, Irwin, 1993), few economists tell the wonders of Japanese prosperity and none reveals the secrets of the Four Tigers (Hong Kong, Singapore, Korea, and Taiwan) or the newly industrialized economies (Indonesia, Malaysia, and Thailand). Ravi Menon: An economic history of Singapore – 1965–2065 Keynote address by Mr Ravi Menon, Managing Director of the Monetary Authority of Singapore, at the Singapore Economic Review Conference 2015, Singapore, 5 August 2015. For more information, please visit this website. The simple answer is exceptional leadership. The miracle of Singapore is a unique phenomenon in modern history. The post-war Asian economic miracle has come as a great shock to the economics profession. Today, as Singapore nears the 50th anniversary of its independence, the original economic miracle is slowing. It has managed to create relentless employment growth at almost perpetual near full employment, over the 48 years of its nationhood, and transform a country rife with corruption to a top five ranking in Transparency International. This exhibition takes visitor on a journey through the milestones that have shaped Singapore’s economy into the success it is today. * * * It is always wise to look ahead but difficult to look further than you can see” – Winston Churchill. In 1959, Singapore got independence from Britain and in 1963 it joined Malaysia in a … Tuesday July 17 2012.

After all, over the past few decades, Singapore has achieved astonishing economic achievements.

His … Singapore had the third highest GDP per capita in 1960 in Asia, behind Japan and HK. Economic miracle is an informal economic term for a period of dramatic economic development that is entirely unexpected or unexpectedly strong. Singapore’s Economic Miracle exhibition August 2015 - September 2015 Singapore today has a vibrant and diversified economy that we can be proud of. In five years, Singaporeans retiring will exceed those starting work. Far fewer have heard of Dr. Goh Keng Swee, the architect of Singapore's economic miracle, and Mr. S. Rajaratnam, Singapore… Ravi Menon: An economic history of Singapore – 1965–2065 Keynote address by Mr Ravi Menon, Managing Director of the Monetary Authority of Singapore, at the Singapore Economic Review Conference 2015, Singapore, 5 August 2015.