National Wage Council and National Security, expanding Singapore’s defence industry (1959-1980)

The formation of the National Wages Council (NWC) has often been cited as one of the key reasons for Singapore’s economic success amidst the early-1970s global economic recession. Alongside the Economic Development Board (EDB), the NWC has been influential is driving the development of the Singapore...

Full description

Bibliographic Details
Main Author: Cheng, Jonathan Ee Ban
Other Authors: Hyung Wook Park
Format: Final Year Project (FYP)
Language:English
Published: 2017
Subjects:
Online Access:http://hdl.handle.net/10356/69753
_version_ 1826126989788971008
author Cheng, Jonathan Ee Ban
author2 Hyung Wook Park
author_facet Hyung Wook Park
Cheng, Jonathan Ee Ban
author_sort Cheng, Jonathan Ee Ban
collection NTU
description The formation of the National Wages Council (NWC) has often been cited as one of the key reasons for Singapore’s economic success amidst the early-1970s global economic recession. Alongside the Economic Development Board (EDB), the NWC has been influential is driving the development of the Singaporean economy and the raising of wages while arbitrating between corporate interests and labour unions. By examining the nature of Singapore’s defence industry and its relation to Singapore’s economy, along with the rationale behind the various industrialization programs undertaken by the EDB, this essay seeks to highlight the NWC’s relation to the EDB and its contribution to Singapore’s national security and the defence industry. By examining Dr Goh Keng Swee and his policies surrounding Singapore’s defence industry from 1959 to 1980, the NWC can be understood as an additional economic tool for ensuring the needed socio-political and economic stability in the country from 1970s onwards. By feeding into Singapore’s defence industry through attracting FDI and ensuring domestic stability for the PAP, the NWC helped to facilitating continued economic growth within Singapore’s defence ecosystem, and building on its defence capabilities from the 1970s to 1980s.
first_indexed 2024-10-01T07:01:27Z
format Final Year Project (FYP)
id ntu-10356/69753
institution Nanyang Technological University
language English
last_indexed 2024-10-01T07:01:27Z
publishDate 2017
record_format dspace
spelling ntu-10356/697532019-12-10T12:41:49Z National Wage Council and National Security, expanding Singapore’s defence industry (1959-1980) Cheng, Jonathan Ee Ban Hyung Wook Park School of Humanities and Social Sciences DRNTU::Humanities The formation of the National Wages Council (NWC) has often been cited as one of the key reasons for Singapore’s economic success amidst the early-1970s global economic recession. Alongside the Economic Development Board (EDB), the NWC has been influential is driving the development of the Singaporean economy and the raising of wages while arbitrating between corporate interests and labour unions. By examining the nature of Singapore’s defence industry and its relation to Singapore’s economy, along with the rationale behind the various industrialization programs undertaken by the EDB, this essay seeks to highlight the NWC’s relation to the EDB and its contribution to Singapore’s national security and the defence industry. By examining Dr Goh Keng Swee and his policies surrounding Singapore’s defence industry from 1959 to 1980, the NWC can be understood as an additional economic tool for ensuring the needed socio-political and economic stability in the country from 1970s onwards. By feeding into Singapore’s defence industry through attracting FDI and ensuring domestic stability for the PAP, the NWC helped to facilitating continued economic growth within Singapore’s defence ecosystem, and building on its defence capabilities from the 1970s to 1980s. Bachelor of Arts 2017-03-25T02:26:31Z 2017-03-25T02:26:31Z 2017 Final Year Project (FYP) http://hdl.handle.net/10356/69753 en Nanyang Technological University 52 p. application/pdf
spellingShingle DRNTU::Humanities
Cheng, Jonathan Ee Ban
National Wage Council and National Security, expanding Singapore’s defence industry (1959-1980)
title National Wage Council and National Security, expanding Singapore’s defence industry (1959-1980)
title_full National Wage Council and National Security, expanding Singapore’s defence industry (1959-1980)
title_fullStr National Wage Council and National Security, expanding Singapore’s defence industry (1959-1980)
title_full_unstemmed National Wage Council and National Security, expanding Singapore’s defence industry (1959-1980)
title_short National Wage Council and National Security, expanding Singapore’s defence industry (1959-1980)
title_sort national wage council and national security expanding singapore s defence industry 1959 1980
topic DRNTU::Humanities
url http://hdl.handle.net/10356/69753
work_keys_str_mv AT chengjonathaneeban nationalwagecouncilandnationalsecurityexpandingsingaporesdefenceindustry19591980