If I remember correctly, I GDP per capita in the 60s was only
behind Hongkong and Japan/Tokyo. Material is at home.
http://www.sgforums.com/?action=thread_display&thread_id=266024&page=1
To quote an earlier post of mine
Singapore was already successful, in fact one of the most
successful cites in Aisa in the 1960s and even before PAP and LKY
became PM. PAP controlled education and propaganda would have us
believe otherwise.
When Lee Kuan Yew took
power, he found himself governing a mosquito infested swamp dotted
with pig and chicken farms, fishing villages and squatter colonies
of tin-roofed shacks.
Stand Cessor - Lands of Charm and Cruelty(1994). p11.
The above is and example of what LKY and his cadre would like us
citizens to believe.
But then again, is the above just a myth?
The city works
efficiently as a center of world communications and trade. Its port
facilities, in its international airport, its banking insurance and
commercial facilities are the first in South East Asia.
The standard of living - one of the highest in Asia - is visible in
the people on the streets, the shopping centers, the satellite
towns and in the villages.
These panoramic views of typical sectors of Singapore present a
fair idea of a city which has earned the name the New York of
Malaysia
Taken from :
Social Transformation in
Singapore (Singapore, Ministry of Culture, 1964),
P105.