IntroductionSingapore, as a country, has undergone various transformations throughout its history, but the period 1950 and 1970 was quite critical. Much of these changes are linked to the development of trade and manufacturing. Without forgetting the financial sector where the intention was to create a financial center that could be used for economic development. Looking at the case of Singapore, we would say that it is a productive economy with very strong market competition. This observation was further clarified by the Swiss International Institute for Management Development, in its report published in 2001 (Chellaraj & Mattoo, 2009). In this study, we intend to assess the case of the political economy of development in Singapore and examine the tensions between the state and various economic institutions. In addition to examining this institution, we would also like to examine how these variables have contributed to achieving favorable growth rates and economic prosperity. Political Economy of Evolution in Singapore Rapid growth rates in Singapore can be attributed to various economic and political factors. such as the role of the state, debacles between states and countries and the effect of the international environment. What we expect is that at the end of an influential conflict, many changes in the international environment could occur, leading to enormous effects related to the globalization of production. Singapore is a unique city-state with no rural population (Shatkin, 2014). The implication is that it will be difficult to understand the difference in situation between the rural sector and the urban sector, which are important prerequisites in the study of...... middle of article.... ..mrs. (1999). Education and training for development in East Asia: The political economy of skills training in the newly industrialized economies of East Asia. London: Routledge. Chang, H.-J. (1994). The political economy of industrial policy. New York: St. Martin’s Press. Chellaraj, G. and Mattoo, A. (2009). Can the knowledge capital model explain sectoral foreign investment? : evidence from Singapore. Honolulu, Hawaii: East-West Central. Haddad, M., Shepherd, B. and World Bank. (2011). Managing openness: trade and outward-looking growth after the crisis. Washington, DC: World Bank. Shatkin, G. (January 1, 2014). Reinterpreting the meaning of the “Singapore model”: state capitalism and urban planning. International Journal of Urban and Regional Research, 38, 1, 116-137. Tremewan, C. (1994). The political economy of social control in Singapore. New York: St. Martin's Press.