Financial Times
August 9, 2015 5:35 am
Jennifer Hughes in Hong Kong and Andrew Whiffin in London
Happy 50th birthday Singapore.
Whatever is said about the Lion City — its nanny state tendencies, a seeming obsession with finicky rules, the challenges it faces sustaining its position — its economic achievements of the past 50 years are substantial.
The death of Lee Kuan Yew in March this year gave an outlet for a raft of reviews of Singapore’s performance.
Here we present a few charts to put the city state in a global context.
Gross domestic product per capita has risen at a 10 per cent compound annual growth rate for the past five decades in one of the world’s best performances, according to economists at Morgan Stanley.
Continue reading “Singapore celebrates 50 years of statehood”