Why Did Singapore Get Rich But Malaysia Never Did?

In 1965, Malaysia kicked Singapore out of the country. Today, the average Singaporean is about 7 times richer than the average Malaysian. So what happened? This is the story of a tiny swampy island with no water, no army and no resources and the big country next door that had everything: land, oil, rubber and tin. The answer to why Singapore got rich and Malaysia got stuck is not what most people think. If Singapore had stayed in Malaysia, would both countries be richer today? Tell me in the comments 👇 ⏱️ CHAPTERS 0:00 The country that was kicked out 0:32 $90,000 vs $12,000 0:53 1963: The marriage 1:15 The problem was race 1:38 Riots and expulsion 1:56 Singapore in 1965 2:17 Malaysia had everything 2:43 Singapore opens its doors 3:16 The least corrupt country in Asia 3:35 English and public housing 4:02 From slums to skyscrapers 4:22 Malaysia did not fail 4:45 1969 and the New Economic Policy 5:39 The brain drain 5:52 1MDB: $4.5 billion stolen 6:21 The oil curse 6:38 The middle income trap 6:51 The numbers today 7:36 So why did Singapore get rich? 8:17 The strangest part 8:42 What if Singapore had stayed? 📊 SOURCES GDP per capita: World Bank (current US$) Population: Singapore Department of Statistics, Department of Statistics Malaysia Public housing: Singapore Housing & Development Board (HDB) 1MDB: U.S. Department of Justice Water agreement: 1962 Johor River Water Agreement, PUB Singapore Some numbers are rounded for clarity. 🎵 Music: original composition. Sound effects: Mixkit. New explainer every week on history, economics and geography explained with maps. Subscribe to Mutnan Explains 🌏 #Singapore #Malaysia #Economics