The price of prosperity: Singapore's 60 years of independence

On August 9, 1965, Singapore became an independent city-state. Despite having no natural resources, it now rivals some of the world's greatest nations. The key to its success: a strategic port that's now one of the planet's busiest economic hubs, and attractive financial policies that have turned it into a magnet for foreign capital. But this prosperity comes at a political price.

Sep 5, 2025 - 22:05
The price of prosperity: Singapore's 60 years of independence
On August 9, 1965, Singapore became an independent city-state. Despite having no natural resources, it now rivals some of the world's greatest nations. The key to its success: a strategic port that's now one of the planet's busiest economic hubs, and attractive financial policies that have turned it into a magnet for foreign capital. But this prosperity comes at a political price.