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Singapore miracle. The author of the Singapore economic miracle

Singapore acquired its independence only in 1965. By this time, the island state belonged to the category of the poorest and most problematic in the world. The country does not have large reserves of natural resources, fresh water - and that was delivered from Malaysia. The Singapore miracle is that today the capital of the state can be compared with New York in America. Thanks to the wise policy of the Prime Minister of the Republic, the economy of this corner of the earth blossomed in a short time.

Who revived Singapore?

Singapore miracle - the merit of the country's Prime Minister, Lee Kuan Y. He was born in 1923, studied in his native country and graduated from Cambridge in Britain. In 1949, after returning to his homeland, Li devoted himself to law practice. He was a regular participant in trade union movements. In the period from 1959 to 1990, he served as prime minister. It was under the leadership of this great man that the country managed to move from the category of "third world" countries to the ranks of the richest states. At the heart of the unusual policy of the prime minister lay the desire to revive the country at the expense of a successful and developing people.

What was the basis for the development of the state?

The secret of the Singapore miracle is hidden in the unique approach of Lee Kuan Yew to the development of the country. He emphasized that all citizens of the state are excessively interested in their personal growth and high incomes. The note was also taken of the law of natural selection, which in nature plays a key role. The concept of education under the authorship of Lee lay at the basis of fundamental changes. She allowed to change the statistics, according to which the majority of smart and educated women never marry and do not give birth to children. Parallel to this phenomenon, successful men gave priority to either poor or malo-educated Malaysians. The prime minister decided to form a powerful basis for the development and creation of highly intellectual families that will give life to a healthy and intelligent generation, which in future will have a favorable impact on the economy as a whole.

Marriage Agencies - the Basis of Foundations

Under the leadership of the government, the two largest marriage agencies were formed, which made their contribution to the Singapore economic miracle. The main task of the organizations was to unite men and women of the same intellectual and social status. One of the agencies is working today, helping young high-intellectual people create good families. The second helps other young people in the country. The selection of partners was carried out taking into account the personal characteristics of each person. Employees of organizations organized personal meetings, created all conditions for the favorable development of relations. After registration of marriage the young family received encouragement from the state in the form of a loan for housing. Uneducated women in return for solving the issue of housing agreed to sterilization. Highly intellectual representatives of the country, on the contrary, were encouraged for the birth of a child.

Everything starts from a young age

The Singapore miracle became possible not only due to the formation of new ties. He was preceded by significant reforms in the education system. It was decided to give all children the same development conditions. Among the children's schools and kindergartens there was no division. Every year, every school was tested for IQ, which was organized by English scientists. Children who showed the best results automatically became pupils of the best school in the country Raffles. It was here that the future leadership of the state was trained. This approach provided the country with highly intelligent personnel. There is a shortage of specialists with medium and low qualifications.

Complex approach gave a stunning result

Singapore's miracle Lee Kuan Yew created gradually. And it became a natural consequence of the complex approach to the transformation of the nation, in which a numerous number of factors were taken into account. The modernized system of education has borne fruit. The state now holds the first place in the world in terms of the level of intellectual development. A constant influx of young people with good education and intelligence ensures the continuous development of the state. The system of re-education of citizens has led to a reduction in crime, since chaos and development are inherently incompatible.

What is the policy of power built on?

The Singapore economic miracle and its causes are based on a rigid state rule based on the rule of law, which has blocked such shortcomings as the lack of natural resources, minerals and fresh water. World crises of 1998 and 2001 did not hurt the country because of its extraordinary development. Unquestioning obedience to the law is accepted in the country. Any legislative violations imply full responsibility on the part of the offender, whose social status does not play a role in this matter. At the heart of Singaporean society is the discipline at each of the social levels. Family discipline is built on the traditions of three cultures at once: Chinese, Malay and Indian. The inhabitants of Singapore have unique nature traits, such as high level of efficiency and cunning, business acumen and the pursuit of success. "Father" of the Singapore miracle accentuated another feature of the people - on his obedience. Society of law, order and financial success is based on cultural characteristics.

Global changes at the level of the economy

The author of the Singapore miracle, Lee Kuan Yew did not only restructure society. During his reign, it was decided to develop an oil refining business. Cooperation was established with Brunei and Indonesia, which, although they were engaged in the development of oil deposits, but could not rework it independently and qualitatively. To implement the project, the world's largest companies were invited. It was through their means, experience and connections that the largest oil refining industry was built today. Immediately after the heyday of this segment of the economy, the construction of the first Singapore port was started, of which there are already four today.

Active development in all sectors of the economy

The founder of the Singapore miracle initiated the construction and development of the airport, banking, electronics, trade and tourism. This all became prerequisites for the splendor of modern Singapore. The state, which was already in debt in the 1970s, now has investments of $ 300 billion abroad. Moreover, the government has about 200 billion dollars at its disposal for future projects. On the territory of Singapore, whose population is about 4 million people, lives at least 50,000 millionaires and billionaires. Singapore miracle, Lee Kuan Yew who has worked all his life today is considered an example for many countries of the world. Despite the fact that Lee is now retired, he remains a minister-adviser and bears the proud title of leader and father of the nation.

Encouraging investors and fighting corruption

According to Lee Kuan Yew, a modern Singapore miracle can be observed thanks to the active involvement of investors in the country in all possible ways. The government literally came out of the skin to help foreigners realize their projects. According to unofficial data, foreign investors save at least five hundred billion dollars in the country's banks. Today, the country's GDP is equal to 55 thousand dollars per capita. It is on this indicator that the country almost twice outstripped Saudi Arabia, Britain, Germany and even America. At the forefront of the state and the level of intellectual development of the population. A special part of the history of the island state can be called the fight against corruption. The authorities significantly simplified decision-making mechanisms and limited the number of permits and licenses. The term of criminal punishment for bribes was substantially increased. There was an expansion of the powers of law enforcement agencies. Investigation, for example, can now be started because of life not by the means of families of officials.

Integration into the World Banking System

The Singapore economic miracle, Lee Kuan Yew, was not without integration into the global banking system. The status of the financial center was given to the country for the fact that it made possible 24-hour banking services. The country occupied a niche that had previously been vacant. Thus, funds from Zurich, whose banks open at 9 am, are redirected to Frankfurt, and then to London. After the closure of the banks of Zurich at lunch and the later termination of the work of financial institutions in Frankfurt and London, the relay takes over New York, which is replaced by San Francisco. Due to the specifics of the time zones from the closing of banks in San Francisco and until 9 am in Switzerland, the financial world was previously asleep. Today this niche belongs to the banking segment of Singapore. This approach to the development of the financial sector has made the country not only a major financial center in the region, but also provided it with a worthy place in the world arena. According to experts, the Singapore economic miracle is the standard of how an effective economic system should be built.

What does Singapore look like today?

Since 1965, one of the poorest countries in the world has become the world's richest state. What everyone can see today was achieved by the Singaporeans solely with their own forces and intellect. The world financial center, designed in the style of high-tech, is distinguished by sterile purity. Caring for the environment is manifested in a small number of cars. The reason for the absence of traffic jams is hidden in the excessively high cost of cars and the price of obtaining permission to operate the transport. Pleasant trifles, making the lives of citizens of the country better, are visible everywhere. What are only standing at an angle benches, allowing each seated to clearly see the number of approaching transport. There are strict fines in the country. The cigarette stub out of the window can cost the offender about $ 15,000. Not only the country's economy, but all aspects of her life look flawless.

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