Singapore-The Problem of Plenty
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Case Code: ECOA101 Case Length: 20 Pages Period: 2003 Pub Date: 2003 Teaching Note: Not Available |
Price: Rs.300 Organization : - Industry : Various Countries : Singapore, Asia Pacific Themes: - |
Abstract Case Intro 1 Case Intro 2 Excerpts
The digital revolution and the convergence of communications, computers and the media require more from us than simply copying the software innovations of the developed countries. Our enterprising young people must be given the space and scope to create businesses for themselves.
- Lee Kuan Yew, Newsweek, July - September 2000.
Introduction
Singapore, often described as an Asian Tiger had come a long way since its birth about 37 years ago. Besides its high per capita income and living standards, Singapore had consistently obtained top ranks in global competitiveness surveys. The country had developed a formidable reputation as a business friendly nation where government bureaucrats were squeaky clean. The 'wired city' with a population of just 3.9 mn boasted a 59% penetration1 of PCs into households, more than the US (54%) and Japan (42%). The city-state's broadband system supplied a stream of information to its residents.
All taxis were equipped with a Global Positioning System. Nothing epitomized Singapore's opulence, more than its Changi International Airport, which looked like an up market shopping mall...
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