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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The digital revolution and the convergence of communications, computers and the media require more from us than simply copying the software innovations of the developed countries. Our enterprising young people must be given the space and scope to create businesses for themselves.

- Lee Kuan Yew, Newsweek, July - September 2000.

Introduction

Singapore, often described as an Asian Tiger had come a long way since its birth about 37 years ago. Besides its high per capita income and living standards, Singapore had consistently obtained top ranks in global competitiveness surveys. The country had developed a formidable reputation as a business friendly nation where government bureaucrats were squeaky clean.

The 'wired city' with a population of just 3.9 mn boasted a 59% penetration1 of PCs into households, more than the US (54%) and Japan (42%). The city-state's broadband system supplied a stream of information to its residents.

All taxis were equipped with a Global Positioning System. Nothing epitomized Singapore's opulence, more than its Changi International Airport2, which looked like an up market shopping mall...

Excerpts >>

1] Infocomm Development Authority of Singapore, www.ida.gov.sg, 20th January 2000.

2] Changi Airport was voted the "Best Airport Worldwide" and "Best Airport Asia Pacific" by the International Air Travel Association (IATA) in 1997, 1998 and 2000.

 

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