The S-Curves of Singapore and Japan

The following sections are included:

• Introduction

• The S-Curve of Singapore's Economy

• The S-Curve of Japan's Economy

• Economic Transformation of Japan from Horse to Elephant Economy

  • Galloping horse: the 1950s–1960s

  • Gradual transformation into an elephant economy: the 1970s–1980s

  • Matured elephant economy: the 1990s–present

• Is Singapore an Elephant Economy?

• Conclusion: Pushing the Envelope of Growth Potential of Singapore