Attention Economy


Monday, March 23, 2015

Lee Kuan Yew - Singapore's Founding Father

The Straits Times (Singapore's national newspaper) has created an interesting tribute to Lee Kuan Yew following his death at the age of 91:
http://www.straitstimes.com/sites/straitstimes.com/files/20150323/ST%20Special%20Edition%20150323.pdf

One of Lee Kuan Yew's most impressive achievements:

From a recent piece in The New Yorker:
“New leaders often condemn the venality of their predecessors, only to exceed it when they assume office. From Duvalier, in Haiti, to Fujimori, in Peru, to Erdoğan, in Turkey, it’s a predictable twist in the drama of political transition. But Lee delivered on the rhetoric, enacting new anticorruption legislation and bestowing real power on the anticorruption bureau. He raised salaries for civil servants, to minimize any temptation to sell their influence, and instituted harsh jail terms for those caught taking bribes. In 1986, Lee’s minister of national development, an architect named Teh Cheang Wan, was investigated for accepting kickbacks from two real-estate developers. He killed himself with a fatal dose of barbiturates, maintaining, in a suicide note addressed to Lee Kuan Yew, “It is only right that I should pay the highest penalty for my mistake.”
By the time Lee stepped down as Prime Minister, in 1990, Singapore had gone from being one of the more corrupt countries on the planet to one of the least. According to Transparency International’s most recent Corruption Perceptions Index, Singapore now ranks seventh in the world for transparent government—less corrupt than Australia, Iceland, or (by a good margin) the United States. The story is heartening but anomalous. It is almost unheard of for a nation to expunge a culture of corruption so thoroughly. Some countries get slightly better, some get slightly worse, but, the world over, corruption tends to endure.”