Miracle Lee Kuan yew or Singapore tackle corruption and became the financial center of Asia

Miracle Lee Kuan yew or Singapore tackle corruption and became the financial center of Asia

Categories: Asia | History

Singapore was not always a prosperous state. Today it is called a miracle, and millions of tourists and entrepreneurs are choosing this country for holiday and business. But not so long ago the majority of the population of a small country lived in poverty. Politician Lee Kuan yew brought changes, and thanks to his efforts, a poor country has become one of the most advanced countries in the world.

Miracle Lee Kuan yew or Singapore tackle corruption and became the financial center of Asia

Read our article about how Prime Minister Lee Kuan yew has made an incredible, committed by bandits, corruption and drew money in the once poor state.

Miracle Lee Kuan yew or Singapore tackle corruption and became the financial center of AsiaSingapore in the past and now

Bribery, nepotism are the Bane of many bureaucratic systems. The author of the Singapore "economic miracle", Lee Kuan yew has repeatedly said that to win over corruption we need to be ruthless, ready to send to jail the relatives and friends, if they take bribes.

Lee Kuan yew did not spare anyone. Several Ministers went to jail for bribery. And one of the convicts was for many years a close friend of the President.

Miracle Lee Kuan yew or Singapore tackle corruption and became the financial center of AsiaLee Kuan yew in his younger years

Today Singapore officials receive a high enough salary to resist the temptation to abuse power. Independent media Singapore got the chance to become a real fourth power. Today journalists are closely monitoring the lifestyle, income and expenses of officials, their families and friends.

It is often the journalists drew attention to the fact that the officer is living beyond its means. Light-fingered employee risked losing not only the post and privileges, but even go to jail and be left without funds after paying the incredibly high fine of one hundred thousand dollars.

The father of the nation Lee Kuan yew said that he had two ways of government: to steal, to get together with family and friends to get to the lists of the richest people in the world, leaving Singapore's people live in poverty. Or become a servant of the people and bring Singapore in the top ten most developed countries of the world.

Miracle Lee Kuan yew or Singapore tackle corruption and became the financial center of Asia The Prime Minister chose the second path rule and became the most successful politician of a global scale and the head of a prosperous country.

Singapore people consider the father of the nation hard and fair ruler. In the country there is a strict system of penalties. According to the reports of the prison system in Singapore, the highest level of the death penalty. This files most often sent to the gallows of murderers and drug dealers.

Miracle Lee Kuan yew or Singapore tackle corruption and became the financial center of Asia

Also in Singapore there is an unusual form of punishment — beating with sticks. It is noteworthy that the majority of the population approve of it. Minor crimes are punishable by very high fines and imposing terms of imprisonment. It is obvious that the rigid prison system — the key to low crime rates.

A poor country desperately in need of money. In Singapore there are no natural resources, without which it is impossible to develop the industry. Climate and scarcity of fresh water does not contribute to the development of agriculture. Only foreign investments can save a small country.

Miracle Lee Kuan yew or Singapore tackle corruption and became the financial center of Asia

In the 1960-ies, China has closed its borders to foreign capital. That increased the chances of China to adjacent countries: Singapore, Korea and Hong Kong. The government of Lee Kuan yew made a maximum effort to attract foreign capital. Was created favorable conditions for foreign companies.

Mutually beneficial cooperation has enabled to create new jobs, as Western companies to access cheap labor and tax breaks. Non-interference by States guaranteed the inflow of foreign capital.

The father of the Singapore nation set the task: to develop a new generation of citizens: educated, able to make decisions. Lee Kuan yew initiated the education reform, defining priorities in the sphere of high technologies. The reform affected all levels of education.

Miracle Lee Kuan yew or Singapore tackle corruption and became the financial center of Asia

Singaporeans with a diploma of young specialist was hired to work in the foreign companies to learn from the experience of leading manufacturers. Very soon they began to compete in the global market. Today Singapore is one of the largest production centers of high-tech electronics.

Today, SOEs account for a significant share of the national economy. Singapore airlines became one of the first public companies. The priority task of which is to provide passengers a comfortable stay in the plane. The company has thought about every detail: from the comfortable passenger seat to interactive entertainment. Singapore airlines is considered the best in the world.

Miracle Lee Kuan yew or Singapore tackle corruption and became the financial center of Asia

Modern Singapore is the result of thirty years of the reign of Lee Kuan yew's Successful policy has managed to turn the country "third world" in advanced countries, which occupies a leading position in many rankings. The father of the Singapore nation, the pattern of patriotism and an example to follow.

What do you think, is it possible an economic miracle in our country?

Keywords: Corruption | Prime Minister | Reform | Singapore

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