This chapter examines Singapore, a sovereign “city-state” in Southeast Asia that has undergone a remarkable economic transformation since attaining sovereignty in the mid-1960s. Though small and lacking substantial natural resources, Singapore built upon extensive trade history, favorable geography (notably a time zone advantage relative to preexisting financial centers in other parts of the world), and cultural linkages in both the East and the West to establish a leading financial center. The chapter includes an in-depth account of the cooperative public-private endeavor to develop an “Asian Dollar Market” in the 1960s, and similar public-private efforts to solidify Singapore’s position as a wealth management center in the new millennium.
Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
If you think you should have access to this title, please contact your librarian.