Singapore: 'Facing Challenges Together'

Richard H.K. Vietor

Case | HBS Case Collection | April 2020

Singapore: 'Facing Challenges Together'

Abstract

Since its expulsion from Malaysia in 1965, Singapore had transformed itself from a third world island nation into a vibrant city-state with one of the highest levels of GDP per capita in the world. However, sluggish demand among Singapore's major trade partners began testing the nation's export-driven growth model. It was also becoming clear that the Singaporean government could no longer focus single-mindedly on economic growth. Was Singapore facing a mid-life crisis? If so, how could the government revive optimism in the nation's future?

Keywords: savings; productivity growth; productivity; economic institutions; economic development; government and business; government policy; economic policy; country analysis; Investment and savings; institutions; Economic Growth; Macroeconomics; Development Economics; Investment; Government and Politics; Trade; Policy; Research and Development; Analysis; Economics; Business and Government Relations; Asia; Singapore; Southeast Asia;

Language: English

Format: Print

32 pages

Educators

Citation:

Vietor, Richard H.K. "Singapore: 'Facing Challenges Together'." Harvard Business School Case 720-036, April 2020.

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Singapore: 'Facing Challenges Together'

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