The practice of economic growth

The importance of fast economic growth in developing countries has been an undeniable fact since the early 1970s. Today its significance is even greater as these emerging centers are eagerly sought as bases for economic expansion by developed nations. Singapore, in its rise from a struggling colony...

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Autor principal: Swee, Goh Keng
Formato: Livro
Idioma:Undetermined
Publicado em: Singapore Federal Publications 1977
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Thư viện lưu trữ: Trung tâm Học liệu Trường Đại học Cần Thơ
Descrição
Resumo:The importance of fast economic growth in developing countries has been an undeniable fact since the early 1970s. Today its significance is even greater as these emerging centers are eagerly sought as bases for economic expansion by developed nations. Singapore, in its rise from a struggling colony to its present status as an economic success, offers a glimpse of the factors that contribute to the growth of a thriving economy. Widely acknowledged as the architect of Singapores economic growth, Dr. Goh Keng Swee describes Singapores experience, which confirms some of the conventional wisdom of growth theory but refutes much of the rest. Examining the social and economic lessons learned by Singapore, Dr. Goh notes that the role of the government and non-economic factors are pivotal to the development of a secure, confident nation.