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In 1963, when it became independent from the British Empire and after its economy was devastated by the Japanese occupation during the Second World War, Singapore was nothing more than an agglomeration of shanties.
Today, just five decades later Singapore is an independent country, and this city-state is one of the capitals of the world and one of the richest territories on the planet. How did this tiny city-state achieve such a huge amount of economic growth?
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