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You may have seen pictures, comparing present-day Singapore with how it looked in the 1970s. Are you also blown away by the progress this small nation has made in such a short time? But as I dug deeper, I discovered there is more to Singapore’s success story than meets the eye.
When Singapore declared independence in 1965, most of its residents lived in slums. Around 70% of them.
But they had something that not every nation has: a visionary leader. Lee Kuan Yew had a difficult task ahead: ensuring Singapore’s survival in a region dominated by formidable neighbors.
Weeks later, the leader of the newly independent nation of Singapore gave a speech that will forever be remembered.
Today, Singapore ranks as the world’s fourth-richest nation per capita. With an average income of $106,000, Singaporeans are twice as wealthy as Americans and beat most Euroepans, too.
But is this the whole story? What have we not been told about Singapore’s success story? How did a small, poor country in Asia with almost no natural resources become so rich? I’m heading to Singapore to find the answers.