Singapore: Past Perfect, Future Tense?

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Please note:

This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.

Case Details:


Case Code : BENV008 For delivery in electronic format: Rs. 500 ;
For delivery through courier (within India): Rs. 500 + Rs. 25 for Shipping & Handling Charges


Case Length : 27 Pages
Period : 1959-2006
Pub Date : 2006
Teaching Note : Available
Organization : -
Industry : Diversified
Countries : Singapore


Singapore is one of the top financial centers of the world. The case traces the growth of the city state from a small shipping port in the early part of the 19th century to an economic hub by the later half of 20th century. It describes in detail the GoS's role in the development of the city state.

It mentions the specific initiatives taken to protect the country from international downturns and business cycles. The case details the more recent efforts of the GoS in making Singapore as the center for high-tech services and industries. The challenges and possible impediments to the growth of Singapore are discussed in the end.


Recognize the importance of government in creating a pro-business environment in a country

Appreciate the efforts made by a country, which has serious resource limitations, to sustain growth

Analyze the challenges facing a country


  Page No.
Introduction 1
Background Note 2
The Rise of Singapore 3
From Low Cost to High Value 4
Focus Areas in the 1980s 5
The 1985 Slowdown 6
The Early to Mid 1990s 6
Singapore: A Knowledge Economy 6
Initiatives for Future Growth 7
Challenges 12
Outlook 16
Exhibits 18


Singapore, Future prospects for Singapore, Singapore economy, New initiatives, Singapore strengths, Singapore challenges, The rise of Singapore

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