Showing posts from July, 2019

Lee Kuan Yew | The Singapore Story

Lee Kuan Yew, often referred to with his initials LKY, was the first prime minister of Singapore. Lee Kuan Yew served as prime minister from 1959 to 1990, making him the longest-serving PM in history. LKY’s Contribution to Singapore’s Economic Rise At the time Singapore was obtaining its separation from Malaysia on 9th August 1965, the city-state was a very small nation faced by problems such as housing shortages, unemployment, insufficient natural resources, most notably land and petroleum. For a country to proceed with this fast development, an able leader is very relevant.

Under the leadership of Lee Kuan Yew, her founding prime minister who ruled the nation for four decades, the country was able to shift its economic status from a third-world to a first-world nation.

One of the factors which were critical in Singapore’s success is efficient administration. LKY’s rule was authoritarian. He had a firm grip of power and even amidst criticism. This brought economical orderliness in S…