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Lessons in growth for aspiring countries

Institutions must be strengthened, and governance improved, but countries need to know that such reforms take time to show results.

Economic development does not just happen. It must be consciously chosen as an overarching goal by the government.

DEVELOPING countries have much to learn from Lee Kuan Yew, the first prime minister of Singapore who transformed the republic from a Third-World economy to one of the most advanced countries in one generation.

The lessons for countries aspiring to learn from the Singapore development