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Understanding Singapore’s Development and Its Relevance to the Free Port of Vladivostok

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The Political Economy of Pacific Russia

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Abstract

This chapter proposes a blueprint for the development of the Free Port of Vladivostok that draws upon the experience of Singapore. Vladivostok is a small town, with a population of about 600,000 people, located amid economic giants of a dynamic Pacific region. Similarly, Singapore is a small, nimble city-state, with a population pushing 6,000,000 people, in Southeast Asia; nestled amongst a mix of Association of Southeast Asian Nations (ASEAN) neighbours. Like Singapore, Vladivostok seeks to capitalise on her geographical location and replicate the development success of Singapore. This chapter highlights the attributes of Singapore’s economic progress and how the Free Port of Vladivostok can overcome its development hurdles by considering the milestones of the city-state’s achievements. The chapter begins with exploring the background of the Russian Far East and the Free Port of Vladivostok, and continues with a discussion on the experience of Singapore’s development trajectory. Relevant cases regarding the Free Port of Vladivostok and medical tourism will be presented concurrently with policy recommendations and potential constraints, which conclude this chapter.

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Appendix

Appendix

A summary of the five phases of Singapore’s development [Author’s compilation from various sources, which includes Tan, S.S. (2015), UNDP Global Centre for Public Service Excellence (2015)]:

  1. (1)

    Set up low-value industries (shirts, pyjamas), and women’s contribution in sewing

  2. (2)

    Separation from Malaysia, Public Housing, Shell, and Esso establishing refineries

  3. (3)

    Develop and stabilise a lucrative investment climate, trained and skilled manpower for high-end manufacturing, promotion of education for technical jobs, Philips production plant

  4. (4)

    Development into an international financial centre, and removal of sterling as the trading currency in 1972

  5. (5)

    Transformation into an international traffic and cargo centre, build a large airport with long runways and no landing rights (free market for all airlines), a prelude to boosting the tourism (short stays, transit hub) and subsequently the Meetings, Incentives, Convention and Exhibition (MICE) sectors, busy container port (Dr Winsemius’ foresight with his prior knowledge in the shipping industry; and lessons from the unsuccessful development policies in Netherlands have helped eliminate potential risks for Singapore).

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Tan, S., Savchenko, A. (2017). Understanding Singapore’s Development and Its Relevance to the Free Port of Vladivostok. In: Huang, J., Korolev, A. (eds) The Political Economy of Pacific Russia . International Political Economy Series. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-40120-1_10

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