Li Kuan Yew's Economic Reforms in Singapore
Sh.Sh. XamrakulovaPhD., Head of Department of "World History" Faculty of History, Samarkand State University, named after Sharof Rashidov, UzbekistanMuhammadiyeva Gulrux4th-year student of the Faculty of History, Samarkand State University, Uzbekistan
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This article analyzes the economic reforms implemented in Singapore between 1959 and 2000 under the leadership of Lee Kuan Yew. The paper examines key factors such as post-independence Singapore's gradual transition from industrialization to a knowledge-based economy, policies for attracting foreign direct investment, labor market reforms, inflation management mechanisms, the Central Provident Fund (CPF) system, and the creation of the Jurong Industrial Estate. Additionally, it analyzes the reasons behind the successful navigation of the 1997–1998 East Asian financial crisis.
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