The Singapore economic model - VPRO documentary - 2009

What is the secret behind the Singapore economic model? If non-Western economies around the world are gaining more and more weight, what economic model could they possibly impose on us in the future? VPRO Backlight is getting enlightened and highlighted in Singapore, which is, according to some, the most successful economic model in the world.
VPRO Backlight makes an exploration based on a number of encounters with political and business leaders.
Singapore, the city-state in South East Asia, was not much more than a swamp 40 years ago. It had no raw materials, no hinterland and a low-skilled workforce. It is now one of the most successful economies in Asia with a state fund (Temasek) that owns billions and a per capita income that is higher than in the Netherlands: about $ 48,000 against about $ 37,000. The economic model is such a formula for success that even the Chinese leader Deng Xiao-Ping visited Singapore in 1978 to learn from this model, with all its consequences.
What is the secret behind the Singapore economic model? VPRO Backlight makes an exploration based on a number of encounters with political and business leaders, including the founder of modern Singapore, former prime minister Lee Kuan Yew (prime minister between 1959 and 1990), political scientist and Asia expert Kishore Mahbubani (from the Lee Kuan Yew School for Public Policy), Singapore-based American super-investor Jim Rogers and former CEO of AkzoNobel Kees van Lede.
How do they explain the success of the Singapore model and will this model point the way to Asia and ultimately to the rest of the world towards a future-proof economy?
Originally broadcasted by VPRO in 2009.
© VPRO Backlight February 2009
On VPRO broadcast you will find nonfiction videos with English subtitles, French subtitles and Spanish subtitles, such as documentaries, short interviews and documentary series.
VPRO Documentary publishes one new subtitled documentary about current affairs, finance, sustainability, climate change or politics every week. We research subjects like politics, world economy, society and science with experts and try to grasp the essence of prominent trends and developments.
Subscribe to our channel for great, subtitled, recent documentaries.
Visit additional youtube channels bij VPRO broadcast:
VPRO Broadcast, all international VPRO programs: / vprobroadcast
VPRO DOK, German only documentaries: / @vprodok
VPRO Metropolis, remarkable stories from all over the world: / vprometropolis
VPRO World Stories, the travel series of VPRO: / vproworldstories
VPRO Extra, additional footage and one off's: / @vproextra3443
www.VPRObroadcast.com
Credits:
Director: Shuchen Tan
Research: William de Bruijn
Production: Judith van den Berg, Nellie Kamer
Editors in chief: Doke Romeijn, Jos de Putter, Henneke Hagen
Leading theme: 'Toekomst' by Persijn Broersen & Margit Lukács
Music: Coparck
English, French and Spanish subtitles: Ericsson.
French and Spanish subtitles are co-funded by European Union.

[@paulmaking1980]

China learnt from the Singapore model and had the fastest growing economy in history for 4 decades. Developing countries in the world would do well from learning from the Singaporean development model.

[@shashwatgangwal8706]

Anyone from india watching this during the covid breakdown? Lee Kuan Yew a perfect example what a great leader can do and how big an impact can he have on millions of lives.

[@arkasarkar3901]

modi enters the chat

[@shashwatgangwal8706]

@@arkasarkar3901 hahaha

[@divyamgautam1407]

Hahaha kids. Modi has an impact on billions of lives

[@divyamgautam1407]

(ᴴᵉ'ˢ ʳᵘᶦⁿᶦⁿᵍ ᵃˡˡ ᵒᶠ ᵗʰᵉᵐ)

[@BladeFromDarkness]

Modi can do something if india turns into a dictatorship unless we can see what's the so called 'farmers ' are doing.They like their old socialist structure .

[@laturista1000]

"True prosperity is shared prosperity.... because only then is it sustainable." - Lydia Lim article from the Straits Times This is not socialism or communism in disguise. People have to think long term when it comes to economics. We have to look at the social, political, environmental, moral, spiritual implications of our collective day to day interactions with our fellow citizens.

[@fullmetal2080]

How do you sustain that this phrase does not hide socialism? what she says, she says it in a beautiful way but does not explain what she means by "shared prosperity"

[@oscarsucre9059]

I am speechless of admiration for LKY. At that age, he could be retired saying "I am not charge, now its your turn..." No, he makes his voice heard. He truly care for his people! He is a lion!

[@angelgarcia2015]

Mil gracias por la traduccion

[@editorjohn8803]

This documentary does a great job in drawing the main distinctions between the western and eastern minds. The west really has pretty much become that rapper from the '90s who's run out of stories and creativity and now just cruising somewhere trying best to enjoy that old beat-up Mercedes. The east, however, is creating, innovating, pushing, working, and showing the world and itself how a harmony of individualism (capitalism) and community (socialism) can build lasting and meaningful change. Witness the world shift to Asia, my friends.

[@leonalvar2956]

Greetings from Chile, thanks for this doc. Very inspirational I have to say.

[@arturodiaz9815]

Outstanding lessons to everywere thanks a lot from Mexico

[@windmill1965]

Some of the pictures are a bit outdated, as the documentary was shot almost ten years ago. But it gives a very good explanation of the path Singapore chose to develop itself.

[@vprodocumentary]

Thank you

[@rubensnogueira3199]

Padmé: That sounds an awful lot like a dictatorship to me. Anakin: Well, if it works...

[@richardchak696]

Well the proverbs say "too many cooks spoiled the soup" that is democracy!!!...yup I admit S'pore Gov't is autocratic but the PAP party administration has over 5 decades has brought us fro $350 per capita GNP to over 59,797 in 2020 from 3rd world to 1st world & in my humble opinion if the S'pore govt took an examination they would have scored a distinction 75/100 marks.

[@natarajrangayana]

Great doc!

[@jackdon6926]

wonderful!

[@COLDoCLINCHER37]

Free biafra!!

[@arrowstheorem1881]

No criticisms, only praises.

[@revelationtrain7518]

Wow, this is really awesome. I also love how they teach children , candy , games etc which kid would refuse school with such a model ?

[@vm3699]

Watching this from India and feeling @16:26 is an otherworldly experience .

[@theflyingbrando]

Great documentary. I just don’t understand how anyone can take Jim Rogers seriously. Surely we could have found a better cheerleader than this guy.

[@WolfgangVonKempelen838]

Who do you suggest ?

[@LeonardoCavalcante]

Hail Albert Winsemius and Lee Kuan Yew!

[@greigsanderson9673]

The UK should learn from this after brexit.

[@vprodocumentary]

Hi Greiguci Wootchie, I think they just decided that the Singapore Model was nothing for them;)

[@ivanbarbosa81]

Smart man

[@arrowstheorem1881]

Is this thing part of the machinery?

[@outtastock922]

7:00 23:07 40:37 45:07

[@asitisj]

heartbreaking. One cant promise anybody anything

[@blmetal65]

Rich Privileged Folks documentary........in the end...

[@arrowstheorem1881]

What's gonna happen after LKY is dead if he is so important?

[@megadiagoras]

Economic growth will always be a human quest but beyond that there is the creativity , individualism and the pursue of personal happiness things which I'm not sure are best served by the Singaporean model.

[@htin08]

Human are communal creature. If you like individualism be a tiger.

[@megadiagoras]

I didn't expect to agree with me. It shows the difference between the Asian way of thinking and the European way of thinking.Good for Asians not good for Europeans

[@WolfgangVonKempelen838]

There are no easy answers on this one Dimitris.

[@ShashankRockerYo]

16:20

[@user-is3yn7xr4c]

Singapore is a city owned by the UNSC

[@voguendeeverden7467]

Hong Kong, Singapore, Taiwan... all Chinese, China have the most brilliant people in this planet! waaw!

[@rpgbb]

And they have no children…

[@arrowstheorem1881]

Everytime I see him speak, he keeps praising Singapore . Like a mouthpiece

[@johnchua1087]

Cosmos John What is your problem? Why are you still watching any youtube about Singapore and bad mouth Singapore if you dislike Singapore that much? You don't even dare to show your loser face. You really epitomized what a coward troll is.

[@geosantos2230]

07:56

[@DipakBose-bq1vv]

Singapore Chinese are very polite, unlike the Chinese from any other Chinese, particularly the Canadian Chinese and Malysian Chinese who are the worse.

[@senankamalakanan5128]

How are Malaysian Chinese different from Singaporean Chinese. Polite my arse basically they marginalised the native. Most chinese there are Malaysians anyway including Lee Kuan Yew/Goh Chock Tong. They are so racist against mainland Indians and you arent ashamed? We call them 'Kiasu' go find out. Your comment is and obvious lie and you are not Singaporean or Malaysian to judge us.

[@NewmaticKe]

And he had to prove you right. Ignore and let us admire your grace.

[@RAJENDRAPRASAD-hy5iu]

HI

[@crazyding6077]

Not really. after HK, next is SG. not that soon, two years later, british gotta get prepared first. thats Rome's planning

[@MrCounsel]

Woman at 17:00 is naturally beautiful.

[@Aprilium]

Is this german? 🤔

[@singaporenoodles7189]

No dutch

[@y-nn33]

The last thing need Singapore : democraty.

[@blah23vr234v]

18:10 "by 2015, the 4 largest economies in the world will be #1 China, #2 India, #3 US, and #4 Japan" - oh how wrong you were....

[@alistairgreen2969]

I think he said 2050

[@blah23vr234v]

@@alistairgreen2969 you're right! I'm an idiot. Dunce hat on