WSJ: SG Celebrates 50 Yrs of Independence with Sporeans Driven to Extinction

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[h=1]Singapore Celebrates 50 Years of Independence[/h][h=2]Singapore has made a remarkable transformation in the past five decades from a Southeast Asian backwater to a global powerhouse of finance and commerce. The city-state marks five decades of independence on Aug. 9. See Singapore’s transformation in charts and photos.[/h] By Tynan DeBold, Rosa de Acosta, Marc Lajoie and Jake Maxwell Watts
Published Aug. 7, 2015 at 2:00 ET
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[h=2]Singapore in Photos[/h]Singapore’s changes have been both physical and cultural; the city barely resembles its socially fragmented 1965 self. Here are a few of its defining moments since independence.

[h=3]Singapore’s 50th Anniversary[/h]The Southeast Asian country and former British colony celebrates 50 years of independence from Malaysia on Aug. 9.
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1965: Singapore breaks with Malaysia.
Pictured: Prime Minister Lee Kuan Yew wipes a tear during a news conference after the signing of the separation agreement, Aug. 9.

Reuters/Reuters TV





[h=2]Singapore’s Economic Rise[/h]In 1965, Singapore and Malaysia split up and the island city was left to fend for itself. In the 50 years since, Singapore has transformed from a racially divided third-world seaport into one of the world’s most successful financial centers.

[h=4]Singapore's GDP[/h]Singapore’s economy is now nearly 40 times bigger than it was in 1965. GDP in billions of Singapore dollars

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1960197019801990200020100100200300S$400
[h=6]2008[/h][TABLE="class: tooltip-table"]
[TR]
[TD]GDP: [/TD]
[TD="align: right"]S$281.43 billion[/TD]
[/TR]
[/TABLE]


Source: Singapore Government



[h=4]Singapore's GDP Versus Others[/h]As Singapore’s economy surged, its residents became richer, per capita, than their counterparts in the U.S. and Germany.

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Singapore
U.S.
Germany(Select legend to hide)196019701980199020002010020,00040,000$60,000


Source: World Bank



[h=4]Residents[/h]Over the years Singapore has relied increasingly on foreign labor to drive such growth. Population by residential status, in millions

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Permanent residentsNon-residentsCitizensResidential status1990200020082009201020112012201320140123456
[h=6]2010[/h][TABLE="class: tooltip-table"]
[TR]
[TD]Permanent residents: [/TD]
[TD="align: right"]0.54 million[/TD]
[/TR]
[TR]
[TD]Non-residents: [/TD]
[TD="align: right"]1.31 million[/TD]
[/TR]
[TR]
[TD]Citizens: [/TD]
[TD="align: right"]3.23 million[/TD]
[/TR]
[/TABLE]


Note: Data from 2003 onward exclude residents who have been away from Singapore for a continuous period of 12 months or longer as at the reference period.
Source: Singapore Government



[h=4]Live Births[/h]The city’s birth rates are trending down as Singaporeans get richer and having children gets more expensive

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19701980199020002010010,00020,00030,00040,00050,00060,000


Source: Singapore Government



[h=4]Fertility Rate[/h]Fertility rates among citizens have plummeted to among the lowest in the world. Resident fertility rate, births per female

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1970198019902000201001234
[h=6]2009[/h][TABLE="class: tooltip-table"]
[TR]
[TD]Fertility rate: [/TD]
[TD="align: right"]1.22[/TD]
[/TR]
[/TABLE]


Note: From 1980 onward, data on TFR pertain to resident population.
Source: Singapore Government



[h=4]Tourism[/h]Singapore’s safe streets, myriad entertainment options and reputation for good food have boosted tourist numbers. Tourist arrivals in Singapore, in millions

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19841994200420052006200720082009201020112012201320142015*05101520
[h=6]2015*[/h][TABLE="class: tooltip-table"]
[TR]
[TD]Tourist arrivals: [/TD]
[TD="align: right"]6.07 million[/TD]
[/TR]
[/TABLE]


*Through May
Source: Singapore Government



[h=4]Labor[/h]The workforce has grown more modestly than the economy. Total labor force, in millions

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1990199520002005201001234


Source: World Bank



[h=4]Foreign Investment[/h]Investment from foreign companies surged as Singapore developed. Net inflows, in billions of U.S. dollars

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197019801990200020100204060$80


Source: World Bank



[h=4]Foreign Reserves[/h]The influx of foreign capital swelled the city’s foreign reserves. Total foreign reserves, in billions of U.S. dollars

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19701980199020002010050100150200250$300


Source: Monetary Authority of Singapore





[h=2]Main Characters in Singapore's History[/h]Singapore’s first 50 years of independence have been characterized by powerful political oratory, ideological conflict and obsession about succession. Here are some of the key figures.



[h=2]The Life of a Leader[/h]See photos of Singapore's prime minister Lee Kuan Yew.

[h=3]Lee Kuan Yew: Life in Photos[/h]Lee Kuan Yew, Singapore’s founding father, transformed the former British outpost into a global trade and finance powerhouse.
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Singapore's first prime minister Lee Kuan Yew of the People's Action Party speaking during a rally at Farrer Park in Singapore on Aug. 15, 1955.

Agence France-Presse/Getty Images/New Nation
 
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