Economic Transformation Of Singapore Essay

1309 Words6 Pages

GES1010 ESSAY 2

Merissa Boh Tsue Jynn
A0143176H
Tutorial Group GO1

1244 Words

The transformation of Singapore’s economy after independence saw Singapore become less dependent on its neighbors, and at the same time, more affected by international economic conditions. Discuss.

Intro

Singapore, founded in 1819 as a trading post, attained initial economic success as an entrepôt because of the island’s strategic location, harbor, and free port status. Thriving on international trade, rubber and tin were the mainstays of Singapore’s economy, half of this demand came from Malaya and another half from Indonesia, her neighboring countries. Singapore’s economy was hence very much dependent on its neighbors, and fluctuated …show more content…

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“I acknowledge that this research essay is the product of my own work and research. All materials consulted — including websites — have been duly cited and credited.”

Name: Merissa Boh Tsue Jynn
Date: 31 Mar 2016

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