The Pro-Business Environment
How Singapore created a stable environment to attract Multi-National Corporations (MNCs) through the Economic Development Board.
Key Questions
- 1Why were MNCs critical to Singapore's early survival?
- 2What incentives did the EDB offer to foreign investors?
- 3How did political stability influence economic growth?
MOE Syllabus Outcomes
Suggested Methodologies
Ready to teach this topic?
Generate a complete, classroom-ready active learning mission in seconds.
More in Economic Transformation and Global Integration
Jurong: From Swampland to Industrial Powerhouse
The physical transformation of Jurong and the role of Goh Keng Swee in pioneering industrialisation.
3 methodologies
The Second Industrial Revolution
The shift in the 1980s from labor-intensive to capital-intensive and high-technology industries.
3 methodologies
The Rise of the Service Sector
The development of Singapore as a regional hub for banking, finance, and tourism.
3 methodologies
Government-Linked Corporations (GLCs)
The unique role of Temasek Holdings and companies like SIA and Singtel in national development.
3 methodologies
The 1985 Recession and Recovery
The first major post-independence economic downturn and the policy pivots that followed.
3 methodologies