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  • Essay / Analysis by Lee Kuan Yew - 1088

    Although the majority of citizens were poor and uneducated and Singapore itself had no natural resources, Lee believed that Singapore's population was the only resource necessary for success of the country and he began to reorganize life. of the people drastically. Singapore radically improved as a country during Lee Kuan Yew's time as Prime Minister; their GNP per capita now exceeds that of their previous invader, Great Britain. Today it is one of the world's largest oil refiners as well as the world's industrial center. Singapore has gone from a rusty port to the world's financial center in such a short time. For example, in 1965, Singapore was ranked the same as other countries like Chile, Argentina and Mexico, but in today's world; Singapore's per capita GNP is already at least four to five times theirs. Under the leadership of Lee Kuan Yew and his revolutionary economic policies, Singapore was able to transform itself into one of the most prosperous countries in the world, despite the lack of natural resources and weak infrastructure. One of Lee Kuan Yew's revolutionary economic policies was too focused. on the fundamental reconstruction of a country. According to an interview with Lee Kuan Yew, he focused on the foundations of a country where he encouraged families to increase the country's economic growth. “We used family to drive economic growth, taking into account the ambitions of an individual and their family in our planning. » Indeed, the stop-2 policy was adopted by Lee Kuan Yew, fearing that the country's growing population would overwhelm the economy. The stop at 2 policy was a major contributor for people, as anyone with two children or less was driven to create their own unique model of building. a nation in ruins. » For example, he rejected the economic prejudices of the agricultural manual labor economy in which he grew up. He rejected natural political bias against the British who had been in total control of Singapore for over a century. He also rejected the Chinese people's personal preference towards foreigners, especially the Japanese who once controlled and tortured Singaporeans. Ultimately, he accepted Chinese heritage unlike other countries that broke away from China because he understands that the majority of the population is in fact Chinese. Lee Kuan Yew did all this because he understands the importance of diversity for the country. As stated in the previous paragraph, diversity will help Singapore's economy as it will increase the number of foreign investors and investments made there..