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State-Owned Enterprises in Singapore: Performance and Policy Recommendations

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Reforming State-Owned Enterprises in Asia

Part of the book series: ADB Institute Series on Development Economics ((ADBISDE))

Abstract

The Singapore economy is characterised by a strong interventionist government and planning. It showed ‘plan and market’ in a creative partnership in which government control, export-oriented manufacturing, government direction of the labor market, state-owned enterprises and government-forced saving co-exist and help the economy excel and prosper. A supply-side analysis showed that foreign talent through employment passes and work permits were an integral building block for the economic success and contributed 41% of GDP in the 1990s (Ministry of Trade and Industry 2001).

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Author information

Authors and Affiliations

  1. Singapore University of Social Sciences, Singapore, Singapore

    Dawn Chow Yi Lin & Youngho Chang

Authors
  1. Dawn Chow Yi Lin
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  2. Youngho Chang
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Corresponding author

Correspondence to Youngho Chang .

Editor information

Editors and Affiliations

  1. Social Science Research Institute, Tokai University, Hiratsuka, Kanagawa, Japan

    Farhad Taghizadeh-Hesary

  2. Keio University, Minato-ku, Tokyo, Japan

    Naoyuki Yoshino

  3. Asian Development Bank Institute, Chiyoda-ku, Tokyo, Japan

    Chul Ju Kim

  4. Public Institutions Reform Division, Ministry of Strategy and Finance, Sejong, Korea (Republic of)

    Kunmin Kim

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Yi Lin, D.C., Chang, Y. (2021). State-Owned Enterprises in Singapore: Performance and Policy Recommendations. In: Taghizadeh-Hesary, F., Yoshino, N., Kim, C.J., Kim, K. (eds) Reforming State-Owned Enterprises in Asia. ADB Institute Series on Development Economics. Springer, Singapore. https://doi.org/10.1007/978-981-15-8574-6_14

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  • DOI: https://doi.org/10.1007/978-981-15-8574-6_14

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-15-8573-9

  • Online ISBN: 978-981-15-8574-6

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

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