Subject category:
Economics, Politics and Business Environment
Published by:
IBS Center for Management Research
Length: 27 pages
Data source: Published sources
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https://casecent.re/p/71024
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Abstract
Singapore is one of the top financial centres 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 latter half of the 20th century. It describes in detail the government's role in the development of the city state, and mentions the various initiatives taken to cushion the country's economy from the effects of international economic downturns. The case also details the recent efforts of the government to make Singapore a centre for high-tech services and industries. Finally, the challenges and possible impediments to the growth of Singapore are discussed finally.
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Abstract
Singapore is one of the top financial centres 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 latter half of the 20th century. It describes in detail the government's role in the development of the city state, and mentions the various initiatives taken to cushion the country's economy from the effects of international economic downturns. The case also details the recent efforts of the government to make Singapore a centre for high-tech services and industries. Finally, the challenges and possible impediments to the growth of Singapore are discussed finally.