Intraco: Blazing A Trail Overseas For Singapore?
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A01=Faizal Bin Yahya
Author_Faizal Bin Yahya
Category=JPQB
Category=KCM
Category=KCP
Category=KCZ
Category=KJ
Cold War
Economy
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
Globalisation
Government Linked Company
Political
Politics
Singapore
Socialist
Strategic
Trade
Product details
- ISBN 9789814656818
- Publication Date: 24 Feb 2015
- Publisher: World Scientific Publishing Co Pte Ltd
- Publication City/Country: SG
- Product Form: Hardback
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Through the lens of the now-defunct Singapore government-linked company (GLC) called International Trading Company (INTRACO), this book offers a historical analysis of the country's economic development strategy. Since its Independence in 1965, GLCs like INTRACO were introduced by the former Deputy Prime Minister, the late Dr Goh Keng Swee, a pioneer of Singapore's remarkable transformation from Third World to First, to fulfil strategic economic objectives. As the country's "lifeblood" has been entreport trade, INTRACO was created to "blaze a trail overseas" by facilitating commercial ties behind the Iron Curtain during the Cold War. The eventual divestment of INTRACO highlights the same way in which the Singaporean state is acutely responsive to changing global economic and geopolitical trends. This book is useful to academics, students, and the interested lay reader for its insights into the role of the state in economic development in post-colonial countries.
