CHANGES IN SINGAPORE POLITICAL ECONOMY
2015/2016, Semester 1
Lee Kuan Yew School of Public Policy (Lee Kuan Yew School Of Public Policy)
Modular Credits: 4
This course is an overview of opportunities taken and the strengths obtained in the changes of the political economy of Singapore. It will cover Singapore from an East India Company settlement to its status as a Straits Settlement colony and then as a colony by itself, full internal self-government, merger with Malaysia and now an independent republic. Topics covered include how the political economy of Singapore coped with changes in the region, new commodities in the hinterland, population movements, global ideology, national aspirations, international finance, multinational corporations and economic volatility.
The format for each 3 hour class is in a lecture-tutorial format. Over the course of a lecture presentation, mainly by ppt,, questions can be asked by students and they in turn will be asked questions. An outline of the material to be covered in each class will be provided. There will be a ten minute break midway during the class.
Wednesday 19 August
Singapore as an outpost of the East India Company (EIC): Anglo-Dutch maritime rivalry amidst Malay kingdoms
Wednesday 26 August
Singapore as part of the Straits Settlements of the EIC and the Colonial Office
Wednesday 2 September
A Singapore-based currency uniting the Straits Settlements and the Malay States: from the Mexican to the Straits dollar
Wednesday 9 September
Singapore as the economic centre of British Southeast Asia: the peninsular mainland as hinterland
Wednesday 16 September
The people who make up Singapore: the change from a transient to a permanent population
Wednesday 30 September
Singapore as a British colony why seeking to industrialise? Turning to industrialisation
Wednesday 7 October
How a internally self-rulling colony became an independent republic: satisfying domestic aspirations
Wednesday 14 October
Why the move from the Straits to a Singapore dollar? The implications of having a Singapore dollar.
Wednesday 21 October
How Singapore became a manufacturing and business centre: the role of MNCs
Wednesday 28 October
The challenge of a slow growing population: education and manpower planning
Wednesday 4 November
The challenge of income inequality: economic volality
Wednesday 11 November
Singapore underwent different modes of governance, yet the people and the rulers of Singapore responded positively to the new challenges that were presented. The course seeks to analyse these challenges and responses from a political economy perspective, separating the pre-WW II from the post WWII decades. While the former were under British rule, the latter was increasingly under domestically elected rule. Yet in both periods, there was the common thread of an openness to global changes and the domestic capacity to adapt. There are lessons to be learnt from this treatment of Singapore economic development in today's world where there are both global powers as well as domestically-generated energies.
The eleven taught classes correspond to the chapters in the textbook,
Singapore: From Place to Nation
, latest edition 3rd 2013, publisher Pearson. The economic development of Singapore is treated thematically, each class being on a certain dimension ranging from imperial power to technological changes, from colonial to popularly-elected rule. Public policy is seen to be continually changing, sometimes from the perspective of politics and sometimes from that of economics. The phrase "changing public policy" is used both as a noun and as a verb.
There is no practical work in ths course.
A single essay, between 1,500 to 2,000 words is required from each student, on a topic to be ballotted in the 2nd week of the semester. Its weightage is 30% and is to be completed the week after the mid-semester break, by Wednesday 30 September.
A presentation is also required, which can be done by a group of up to 4 persons, to be presented in the last class of the semester on Wednesday 11 November, on a topic to be ballotted. It s made up of 10-15 ppt slides requiring each participant to say something.
The final exam is 40% weightage and requires answers to any 3 out of 5 questions within 2 hours, to be typed out in the computer lab during the exam fortnight of 14 November to 5 December.
Workload Components : A-B-C-D-E
A: no. of lecture hours per week
B: no. of tutorial hours per week
C: no. of lab hours per week
D: no. of hours for projects, assignments, fieldwork etc per week
E: no. of hours for preparatory work by a student per week