A Letter from Singapore
Singapore’s complex combination of land nationalisation, mass public housing, and capitalism were exemplified in the Golden Mile Complex, a 1970s megastructure that has just been saved from demolition.
The Golden Mile Tower and the Golden Mile Complex stand along the Nicoll Highway in front of other residential buildings in Singapore, 2 July 2015. Credit: Darren Soh / Bloomberg via Getty Images.
Since Brexit, there has been much talk about replicating Singapore’s model for the UK. Yet the widely-held perception of Singapore as a highly laissez-faire economy with a small government isn’t the whole story. Despite having a very open economy, the state plays an important role in guiding economic policies and development strategies along two ends […]
Sorry, but this article is available to subscribers only. Please log in or become a subscriber.