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Bold Vision: The Untold Story of Singapore’s Reserves and Its Sovereign Wealth Fund Make Community He was the first black"A whole generation of Singaporeans take their present standard of living for granted because you had laid the foundations of the economy of modern Singapore." Founding prime minister Lee Kuan Yew in a letter of appreciation to Dr Goh Keng Swee on his retirement from politics in 1984. A pillar of those foundations is GIC, the investment company set up forty years ago by Dr Goh to invest the country's financial reserves for the long term. Why did Dr