Singapore 's Economic Growth And Political Stability

Decent Essays
Founded as a British trading colony in 1819, Singapore later joined the Malaysian Federation in 1963, but separated two years later and became independent. Over the years, Singapore has grown its international trading links becoming one of the most prosperous countries. Singapore has been compared to the leading nations of Western Europe when it comes to its per capita gross domestic product (GDP). Singapore has one of the world’s busiest ports when comparing most tonnage handled. After officially gaining sovereignty in 1965, the People’s Action Party (PAP) has dominated Singapore’s politics. With a large amount of government-controlled companies in the local economy, and its powerful position, Singapore’s government has maintained a clean, corruption-free image. With their dealings with communists during the early years the PAP’s governing philosophy is best described as a Socialist Democracy. Maintained by the paternal guidance of the PAP, came Economic growth and political stability. Even though bureaucrats not politicians administer Singapore, meritocracy is power, which is gained through performance, skill, and loyalty to the policies of the nation. The Constitution of Singapore is the Supreme law. With the constitution for the three organs of the state (Executive, the Legislative, and the Judiciary), It lays down the fundamental principles and framework for them to operate.. The only way the constitution can be amended is with the approval of more than two-thirds of
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