State-Owned Enterprises in Singapore: Performance and Policy Recommendations

Dawn Chow Yi Lin and Youngho Chang ()
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Dawn Chow Yi Lin: Singapore University of Social Sciences

Chapter Chapter 14 in Reforming State-Owned Enterprises in Asia, 2021, pp 275-295 from Springer

Abstract: 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).

Date: 2021
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DOI: 10.1007/978-981-15-8574-6_14

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