The story of Singapore, an island that today holds skyscrapers and luxury cars, but that was initially one of the poorest.
Singapore It is, today, One of the richest countries in the world in terms of GDP per capita and one of the world’s largest financial centers. However, Asia’s pearl was, more than half a century ago, A poor island and with few natural resources.
In 1965after overcoming the British domain and separating from Malaysia, Singapore became a Autonomous and independent state led by Lee Kuan Yewwho held the position of Prime Minister for more than 30 years and developed a miraculous economic plan.
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Singapore and his economic plan to become a rich island
First, Singapore’s location is ideal strategically, which allowed him establish a trade route between China, India and the rest of Southeast Asia. Also, a series of reforms by Kuan Yew served to attack the problems directly and uniformly, to leave the “black well of misery and degradation”, as its leader expressed.
In this way, Job programs and social housing programs will be formedthat came from the hand of strict control of people’s private life and the suppression of individual freedom. For example, there were explicit orders on how to be courtesy and even how to clean the sink. This type of philosophy surprised the world later, seeing the high levels of education, health and economic competitiveness That had the island.
Finally, They fought another great obstacle: corruption. In the middle, there was a great development of intensive manufacturing, with the aim of exporting to markets from developed countries, and for the 90s’ El País entered a new stage, in which it became a global financial center.
Many experts agree that Singapore’s success is due, in part, to Reform measures were held for more than half a century. Likewise, others say that a key factor was that the island had no enemy that seeks to stop its development.
Source: Ambito
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