KOREA FOUNDATION

Asking Directions in Singapore – The Myth of the USD 50,000 Per Capita Income

· Author: Seung-mun Gang

· Publisher: Maeil Business Newspaper (April 2014)

This book provides an accessible account of how Singapore came to be the world’s premier city-state. Gang selects the strong-willed leader and system itself as both the necessary and sufficient conditions required for such remarkable development. Under the leadership of Prime Minister Lee Kuan Yew, instilled with principles based in realism and pragmatism, the nation achieved incredible feats, including an unscathed public order, a morally sound and competent government, rational economic policy, and a merit-based education system. This book reminds readers that Singapore is living proof that policies bereft of practical and reality-based considerations are destined to fail.