
from
EIU World Investment Service46 page (20806 word) report
published Nov 22, 2009
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EIU World Investment Service
...Singapore is a parliamentary democracy led by the People's Action Party (PAP). Formerly a British colony, Singapore briefly became part of the Federation of Malaya, Sarawak and Borneo (Sabah) in 1963, but achieved full independence in 1965. Since then the PAP, guided by the ideas of Lee Kuan Yew, the prime minister from 1959 to 1990, has dominated politics in the country. The success of the PAP has been founded on a combination of sustained economic growth and an ability to restrict any expansion in support for the weak and divided opposition parties. Extra-parliamentary protest is also tightly controlled. In 1990 Mr Lee was replaced as prime minister by Goh Chok Tong. Mr Goh was initially seen simply as a short- term appointment who would soon make way for Mr Lee's eldest son, Lee Hsien Loong, but stayed in office for almost 14 years. In August 2004 he finally handed over the leadership to Lee Hsien Loong, but he remains in the cabinet as senior minister. The most recent general election...
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| Source: | World Investment Data and Forecast
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| Country: | Singapore
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| Free Sample: |
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| Format: | | PDF |  |
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Essential support for all your foreign investment decisions. World Investment Service features a detailed database containing flows of investment by country and industry, overseas mergers and acquisitions and business costs. The service covers the world's 60 largest economies and provides detailed analysis on political and economic background, business environment, foreign investment regulations and trends in foreign investment.