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Lee Kuan Yew, considered the founding father of Singapore, is credited with turning the city-state into one of Asia''s richest and fastest growing nations. His elder son, Lee Hsien Loong, who has been a member of the parliament since 1984, held the posts of Finance Minister, Deputy Prime Minister, and head of Singapore''s central bank before being sworn in as Singapore''s third Prime Minister in August 2004. This case describes the ideology of Lee and the development of Singapore under his leadership. It also details the challenges the incumbent Prime Minister faces. The case offers scope for discussion on Singapore''s current economic and social problems and the Prime Minister''s efforts to deal with each one of them. It deals with issues such as the concentration of decision-making power within the Lee family and what the new generation of Singaporeans expects from their premier.