In early 2003, Prime Minister Goh Chok Tong of Singapore assesses strategy - tax cuts, combined with the industrial policy of the six "clusters", including the life sciences. After 36 years of tremendous growth, Singapore has slowed down and facing stiff competition exports and foreign direct investment, especially from China. The new strategy is the right choice? This case addresses a number of key aspects of the growth of Singapore, including organizational / cultural events, savings / investment balance and total factor productivity growth. "Hide
by Richard HK Vietor, Emily J. Thompson Source: HBS Premier Case Collection 27 pages. Publication Date: February 27, 2003. Prod. #: 703040-PDF-ENG
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