From Efficiency-Driven to Innovation-Driven Economic Growth: Perspectives from Singapore

• Main Authors: TAN, Kim Song, PHANG, Sock-Yong
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2004
• Subjects: Economic growth; economic stagnation; economic policies; innovation; Singapore; Asian Studies; Growth and Development
• Online Access: https://ink.library.smu.edu.sg/soe_research/788; https://ink.library.smu.edu.sg/context/soe_research/article/1787/viewcontent/Final_WB_CreativeCity.pdf
• Institution: Singapore Management University

The Singapore economy is going through a period of major restructuring. Economic stagnation since the 1997 Asia financial crisis (except for a brief recovery in 1999) has called into question the continued relevance of many fundamental policies that had worked well in the past. In 2002, a high-level...