Cookies Policy

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.

I accept this policy

Find out more here

State capitalism and regionalisation

Brill’s MyBook program is exclusively available on BrillOnline Books and Journals. Students and scholars affiliated with an institution that has purchased a Brill E-Book on the BrillOnline platform automatically have access to the MyBook option for the title(s) acquired by the Library. Brill MyBook is a print-on-demand paperback copy which is sold at a favorably uniform low price.

Access this chapter

+ Tax (if applicable)

Chapter Summary

Like most developing countries, the Singapore government has taken an active role in establishing state-owned enterprises known as government-linked companies (GLCs). However, unlike most developing countries, the Singapore government has tried to transform these domestic firms into multinational companies(MNCs). Singapore's strategy of state capitalism has been quite successful and GLCs have evolved into important national institutions that are run on a commercial basis with a focus on bottomline performances. From International Enterprises Singapore (IE Singapore)'s perspective, non-resident Indians (NRIs) in Singapore have maintained strong economic links especially among the trading families with the private sector in India. Singapore's regionalization programme is driven by the private sector but the government supports the programme through two main approaches: by broad-based mechanisms and by specific measures. MNCs that recognise the Singapore brand for transparency, consistency and reliability will be drawn to the ITPB in India if they are interested in the Indian market.

Keywords: government-linked companies (GLCs); International Enterprises Singapore (IE Singapore); multinational companies (MNCs); non-resident Indians (NRIs); state capitalism



Can't access your account?
  • Tools

  • Add to Favorites
  • Printable version
  • Email this page
  • Recommend to your library

    You must fill out fields marked with: *

    Librarian details
    Your details
    Why are you recommending this title?
    Select reason:
    New "Temples" of India — Recommend this title to your library
  • Export citations
  • Key

  • Full access
  • Open Access
  • Partial/No accessInformation