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20 Singapore had almost no natural resources when it became independent in 1965 — so it invested in education, imported capital and exported increasingly sophisticated products and expertise until it became one of the richest nations on Earth

Silicon Canals
Silicon Canals Editorial Team @ Silicon Canals 2 place · 07/12/2026 23:29 EDT

Singapore had almost no natural resources when it became independent in 1965 — so it invested in education, imported capital and exported increasingly sophisticated products and expertise until it became one of the richest nations on Earth

Singapore’s rise is often told as a neat parable: a small island with almost no natural resources became rich by being disciplined, open and clever. The short version is true enough to be memorable, but too clean to explain much. What made Singapore unusual was not simply that it lacked oil, minerals or agricultural hinterland. ... Read more

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