Mehr lesen
At the centre of understanding Singapore s
phenomenally successful growth story lies the
country s saving performance. From 1965-99 the
country managed to save an unprecedented 46% of its
GNP. Quite a few studies have investigated this
seemingly unbelievable saving performance and its
resulting growth success. The bridge between the
two - namely investment allocation and the central
role of the government - has rarely been studied.
This publication aims to fill these gaps in
Singapore s economic history and therefore help the
assessment of its potential application to other
country s development plans. An in-depth
econometrical time-series analysis gets to the
source of the drivers behind the saving performance.
A benchmarking exercise using cross-sectional
regression techniques evaluates how special this
performance was. Finally, through an accounting
exercise based on a newly accumulated database it is
able to offer for the first time quantitative
evidence for a number of general speculations about
Singapore s economic history. Not least because of
the included database, this book is a must-read for
all researchers interested in Singapore s recent
history.
Über den Autor / die Autorin
Gregor Hopf is Professor at the Hamburg School of Business Administration. He obtained his PhD as well as an MSc at the London School of Econmics and an MBA from the Kelley School of Business. He lives in Hamburg (Germany) and can be contacted via email at gregor.hopf@hsba.de.
