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The Singapore Economic Review, Vol. 57, No. 1 (2012) 1280002 (3 pages) © World Scientific Publishing Company DOI: 10.1142/S0217590812800021 BOOK REVIEW Review of Economic Growth of Singapore in the Twentieth Century: Historical GDP Estimates and Empirical Investigations edited by Ichiro Sugimoto, World Scientific Publishing, 2011, pp. xlii þ 403. “The commercial growth of Singapore”, so remarked the historian Wong Lin Ken, “is written in its statistics.” Yet the economic historiography of this great entrepôt of colonial Southeast Asia has been stymied by the absence of data on Gross Domestic Product (GDP), or proxies thereof, that reaches back into the nineteen or early twentieth centuries. That is, until the author of the current work undertook to fill the void. Based on his doctoral dissertation at the University of Malaya, this book documents and details his painstaking efforts to reconstruct nominal and real time series of the historical GDP of Singapore for the periods 1900–1939 and 1950–1960, whereafter official figures became available. In its imperial heyday, the rulers of the British Empire had a well-deserved reputation of being copious record-keepers. It is their extant records on the Straits Settlements (of Singapore, Penang and Malacca), British Malaya and the Crown Colony of
The Singapore Economic Review – World Scientific Publishing Company
Published: Mar 1, 2012
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