Dag Detter, David Walker, Laura Gibson, Hanan Amin-Salem| Citibank|

Citi: Putting Public Assets to Work

Public| Printed: Yes

This publication argues that proper use of commercial assets, most notably real estate, has the potential to elevate a developing country to a developed country within a generation. This claim is deduced from a comparative study of both Jamaica and Singapore. By reassessing the commercial assets on balance sheets, Singapore was able to rapidly advance from a developing to developed country after independence.