Singapore-The Problem of Plenty


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Case Details:

Case Code : ECOA101
Case Length : 20 Pages
Period : 2003
Organization : -
Pub Date : 2003
Teaching Note :Not Available
Countries : Singapore, Asia Pacific
Industry : Various

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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.

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Excerpts

Background Note

Early History
From 1910 to 1919, Singapore, Penang and Malacca comprised the British controlled Straits Settlements on the Malay Peninsula. British authorities opened English language primary schools, while the Chinese majority built Chinese language schools...

Economic Policies

Manufacturing, dominated by electronics, chemicals (including oil refining) and information technology-related products, accounted for 24% of Singapore's GDP in 2002. Multinational companies accounted for 84% of new investment commitments...

Financial System

Singapore had made various efforts to liberalize the financial sector. MAS (Monetary Authority of Singapore), an inflexible institution till the early 1990s and famous for its tight regulations, had been revamped and a more pro-business team of executives brought in...

Infrastructure

Most international experts opined that Singapore had a world-class infrastructure that could be compared with any of the developed nations in the West. The country's information technology and telecommunications infrastructure was particularly well developed...

Foreign Trade

A small country, with a very limited domestic market, Singapore was heavily dependent on external trade. Trade accounted for more than two and a half times the country's GDP in 2001...

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