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How Singapore Got So Crazy Rich

Graham Watson

12th May 2024

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The Singapore story: how has Singapore grown so rapidly, overtaking the UK and the US in terms of per capita GDP? This Bloomberg clip highlights how its location, and the classic approach of moving up the value chain from labour intensive manufactures to higher value-added activities, which these days means financial services and the tech sector. However, it's debatable whether this approach can easily be replicated in other locations.

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.