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How S'pore has grown - from a policy perspective

Essays by economists show how policies have worked (or not) in the last 50 years as Singapore - and the world outside - changed.

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In the 50 years since independence, investment incentives and industrial policy have moved the economy from a labour- to capital- and skill-intensive one, as foreign-labour policy swung back and forth between heavy dependence and tightening.

LAST year, 17 economists, mostly Singaporean academics, got together to prepare 13 papers for an SG50 Special Issue of the Singapore Economic Review, that I guest edited. This has since been republished as a book, Singapore's Economic Development: Retrospection and Reflections.

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