DEMOCRATISING ACCESS TO BUILD

Varun Mittal and Lillian Koh

Chapter 5 in The FinTech Nation:Excellence Unlocked in Singapore, 2023, pp 91-127 from World Scientific Publishing Co. Pte. Ltd.

Abstract: As a small country which is a success-focused welfare state, the government understands that there needs to be substantial public investments in developing foundational infrastructure. Some emerging technologies need significant upfront investment, and the country needs investment from the government to build these blocks. As a derivative of Singanomics, there is a unique approach to the government’s role in creating and regulating competition. Singapore set off to build multiple pillars of equalisers to ensure that FinTech can focus on creating value in line with the knowledge economy traits of a developed nation, with the state providing the building blocks…

Keywords: FinTech; FinTech Trend; Global FinTech Development (search for similar items in EconPapers)
JEL-codes: G2 O33 (search for similar items in EconPapers)
Date: 2023
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