All tagged Singapore

Why is Singapore So Rich?

If you live somewhere that’s relatively wealthy and successful, following world news can be uncomfortable. As you see countries sunk in poverty, war, or injustice you may wonder why the world is so unfair. And you probably also ask whether there’s a solution—whether there’s a way for other countries to flourish. On the surface, Singapore seems like it offers hope. In the early 1960’s, it was poorer than Mexico. 25 years later, it was three times as rich. How did it do it? And should other countries copy Singapore?