Republic of Singapore

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Republic of Singapore
新加坡共和国
Republik Singapura
சிங்கப்பூர் குடியரசு
Flag of Republic of Singapore
Flag
Coat of arms of Republic of Singapore
Coat of arms
Location of Republic of Singapore
Official languagesChinese
English
Malay
Tamil
Dominant mode of productionCapitalism
Area
• Total
733.1 km²
Population
• 2021 estimate
5,453,600


Singapore, officially the Republic of Singapore, is a city-state in Southeast Asia. It has no natural resources and relies on foreign trade.[1]:254

History[edit | edit source]

British colonization[edit | edit source]

The British seized Singapore in 1819 to use as a base for trading with China. The Second World War severely damaged Singapore.[2]:249

Li Guangyao of the People's Action Party won Singapore's elections in 1959. In 1963, he began suppressing the Malayan Communist Party and trade union leaders.[3]

Independence[edit | edit source]

Singapore became independent in 1965.[2]:247 It gave major tax incentives to foreign companies starting in 1967. It abolished quotas and tariffs in 1973.[2]:253

Li banned the leftist Singapore Association of Trade Unions and promoted the National Trades Union Congress. The NTUC began establishing cooperatives in the 1970s, and the powers of trade unions were limited in 1982.[3] Between 1978 and 1997, Singapore only had two strikes.[2]:253

Economy[edit | edit source]

From 1965 to 1990, Singapore's GDP grew by an average of 6.5% per year. Manufacturing grew from 7.2% to more than 75% of exports between 1960 and 1990, but this growth mainly only benefitted the ruling class, which made up 3% of the population.[2]:246

References[edit | edit source]

  1. Vijay Prashad (2008). The Darker Nations: A People's History of the Third World: 'Singapore'. [PDF] The New Press. ISBN 9781595583420 [LG]
  2. 2.0 2.1 2.2 2.3 2.4 Vijay Prashad (2008). The Darker Nations: A People's History of the Third World: 'Singapore'. [PDF] The New Press. ISBN 9781595583420 [LG]
  3. 3.0 3.1 Ravi Chandren (2006-06-26). "Singapore: A historical background" The Socialist. Archived from the original on 2020-10-31. Retrieved 2022-09-11.