UDC 338.242.4

Authors

Khutugova F. K.
3d year student, Faculty of Economics and Management, North-Ossetian State University named after K.L.Khetagurov, Russia, Vladikavkaz
Mirzabekov A. F.
Master of the second year of study in the direction “Financial investigations in organizations”, North-Ossetian state University named after K.L. Khetagurov, Vladikavkaz, Russia
Yukhina E. B.
master of the first year of study in the direction of “Financial investigations in organizations”, North-Ossetian State University named after K.L. Khetagurov, Vladikavkaz, Russia

Abstract

The article is devoted to the formation of the country Singapore, which is one of the richest in the world. However, 50 years ago, this city-state was considered an artificial entity without the use of resources. The purpose of the work is to identify the economic causes of growth in Singapore, the definition of Lee Kuan Yew’s rules and their practical application. Findings from a study identifying key growth points in Singapore.

Keywords

Singapore, city-state, economic miracle, social housing, GDP level, digital revolution.