"This paper and all the papers produced as a part of the country studies project have benefited from the insights ... by commentators at a conference held at the East-West Center in Honolulu, November 19-21, 1992".

Incluye bibliografía.

Foreword -- Acknowledgments -- About Singapore -- Executive summary -- 1. Defining success -- 2. Industrial policy -- 3. Governance and institutional framework -- 4. Design and implementation of vital policies -- 5. Policy conclusions -- Bibliography.

This report reviews Singapore ' s 30-year developmental experience and structural change and brings into focus the underlying philosophy and rationale that influenced policy design and decision-making throughout the period. It discusses the various developmental phases that Singapore has been through during the last 30 years. By reference to the strategic framework, the rationale for the major economic policies adopted at the beginning of each developmental phase and the need for subsequent policy adjustments become clear. It looks at the institutional framework for policy implementation and formulation. Singapore ' s public sector agencies comprise not only the government Ministries and Departments but also a large number of statutory boards and state-owned enterprises (SOEs) that are generally referred to in Singapore as government-linked corporations (GLCs). Unlike SOEs in many other developing countries that are usually inefficient and ineffective, these SOEs have been successful and profitable. The report analyzes the design and implementation of vital policies, dealing particularly with how regulations were designed in a free market context to encourage savings and boost long-term growth. It concludes by placing public policy and the role of government in the wider domestic international contexts. It analyzes the sources of growth and points to the importance of timing for interventions by the state. It also offers some potentially useful lessons for other small, resource-poor developing countries.