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CONTENTS 1 Introduction 1 2 A Short Political History 4 3 The Economy 9 4 Election Campaign 2004 25 5 Conclusion 30 This paper* was delivered by Adam Schwarz, at a Public Lecture jointly organized by the Institute of Southeast Asian Studies and the Columbia University Club (Singapore) in Singapore on 5 February 2004. *The author spoke in a personal capacity. The responsibility for facts and opinions expressed in this publication rests exclusively with the author. ...

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