Singapore has been through extraordinary economic success. Furthermore, the public organizations have been a crucial tool in Singapore's economic growth instead of the obstacle that they are frequently in other developing countries. By 2004, however, Singapore was rethinking the function of its public enterprises in part because its economic growth was slowing and its strategy appeared to be faltering.
It was stressed by the critics that the public companies were just not enough to keep pace in an increasingly competitive global economy while defenders claimed that a small country like Singapore could not afford to rely on private companies to make the strategic investments it needed to remain competitive. Intriguing questions were raised by the discussion in Singapore for other countries. HKS Instance Amount 1817.0
PUBLICATION DATE: November 14, 2005 PRODUCT #: HKS236-PDF-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS
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