manlion
SENIOR MEMBER
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- Mar 22, 2013
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Singapore's success story is closely intertwined to the leadership of Lee Kuan Yew. It can be argued that without him, Singapore might not be the bustling, prosperous metropolis it is today. The standard of living has risen dramatically for ordinary Singaporeans, and corruption has been largely eradicated. Singapore is the envy of many from around the world today. Lee was also responsible for leading the PAP to resounding electoral successes and overseeing its rightward shift.
Lee Kuan Yew is over hyped politician - its wrong to credit him for the country's prosperity . The successful economic policies that transformed Singapore belong to Dr Albert Winsemius, a Dutch economist sent by the United Nations in 1960 to help Singapore industrialize. It was Dr Winsemius who came up with Singapore’s economic plan which Singapore judiciously adopted. Its Dr Winsemius who should be credited for transforming Singapore
Lee Kuan Yew on Dr Winsemius:
Singapore and I personally are indebted to him for the time, energy and devotion he gave to Singapore. I learnt much about Western business and businessmen from him … He gave me practical lessons on how European and American companies operated … showed me that Singapore could plug into the global economic system of trade and investments