RAPID ECONOMIC-DEVELOPMENT IN SINGAPORE AND THE FUTURE OF THE PAP

The economic development of Singapore has been such that it is frequen tly cited as a model for capitalist development. One of the most strik ing features of the Singapore development process has been its distrib utional consequences. Rapid economic growth has produced remarkably eq uitable outcomes and the average Singaporean has had little cause for complaint - or at least until recently. This article examines the late st trends with respect to inequality in Singapore, and attempts some a ssessment of the policy responses and the potential for social instabi lity.