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Meritocracy, Personal Responsibility, and Encouraging Investment: Lessons from Singapore’s Economic Growth Miracle.

Singapore per-person income increased from US$4,215 in 1965 to US$59,176 in 2020, providing lessons in economic growth for western countries


VANCOUVER—Western countries including Canada can learn from Singapore’s pro-growth policies, which have helped transform Singapore from a comparatively poor country in 1965, when it gained independence, into one of the world’s richest countries, finds a new book published today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

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