Construction industry and economic growth in Singapore

Ofori, G (1988) Construction industry and economic growth in Singapore. Construction Management and Economics, 6(1), pp. 57-70. ISSN 01446193

Abstract

The relationship between the construction industry and the economy in the course of national socioeconomic development has been studied by several writers. Singapore's recent advancement from a developing country to a newly industrializing one in less than a generation provides the opportunity to test some of these hypotheses. The article considers the role of the construction industry in Singapore's economy between 1960 and 1986. After studying the part construction played in the development process and the resulting structural changes that occurred within the industry, direct investment in construction by the public sector and its use to influence the direction of the economy as well as facilitate efforts to improve the industry are discussed. Government's attempts to manage the development of the local construction industry and the nature of the industry at present are also considered. A chronological approach is adopted under each of the main parts of the paper.

Item Type: Article
Uncontrolled Keywords: development; downturn; export; infrastructure; middle-income; upgrade
Index terms: developing country, public sector, Singapore, economic growth, construction industry, income, export
Subjects: economic development, development economics, Geography, industry analysis, administrative law, economic analysis
Topics: International Construction, Legal Issues, Geographical Context, Research Practice, Business Strategy, Sustainability
Descriptive scope: 3 PCT

N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here