Singapore, the country run like a corporation

March 23, 2015 3:46 PM

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This Fortune article first ran in the magazine in July 1974. We are running it again to mark the passing of Lee Kuan Yew, Singapore’s first and longest-serving prime minister, and the architect of the nation’s remarkable transformation.

Singapore, the smallest nation in Asia, occupies a 225-square-mile expanse of swampy, tropical islands—an area about the size of Trenton, New Jersey. The former British colony has almost no natural resources, except a superb harbor situated along the main shipping route from Europe to the Far East. ...

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