Singapore: Building a future without cheap oil

Authors

Knowledge@SMU

Publication Type

Journal Article

Publication Date

11-2011

Abstract

Singapore’s past success at building a world-class economy launched on the back of a hugely successful oil refining and trading system could count for little as it confronts the threats of the increasing scarcity and cost of energy supply. In a book commissioned by the International Trading Institute@SMU, 'Singapore, The Energy Economy: From The First Refinery To The End Of Cheap Oil, 1960 to 2010', author Ng Weng Hoong argues that Singapore’s single-minded focus on growing the economy while assuming that the supply of energy and natural resources will always be cheap and plentiful leaves the city-state increasingly vulnerable and dangerously exposed to systemic shocks and even collapse.

Disciplines

Business | Strategic Management Policy

Copyright Owner and Holder

Copyright © Singapore Management University 2012

Licece/Creative Commons Licence

This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.

Article ID

1363

Subject(s)

Strategic Management

Citation

Knowledge@SMU. Singapore: Building a future without cheap oil. (2011).
Available at: https://ink.library.smu.edu.sg/ksmu/378