Singapore Senior Minister Lee to Speak at Rice

Singapore Senior Minister Lee to Speak at Rice
BY MICHAEL CINELLI
Rice News Staff
Oct. 15, 1998

Senior Minister for the Republic of Singapore Lee Kuan Yew will provide insight
into the current financial and economic crisis gripping East Asia during a speech
on Friday, Oct. 23, sponsored by Rice’s James A. Baker III Institute for Public
Policy.

His presentation will begin at 5 p.m. in the Grand Hall of the Rice Memorial
Center.

The title of the senior minister’s speech is "Melt-down in East Asia."
He will discuss what went wrong in Asia that brought on the current economic
crisis, which has had an impact on financial markets around the world, and provide
his thinking on the consequences and possible solutions. There will be a question-and-answer
period following his speech.

"Lee Kuan Yew, Singapore’s elder statesman, is an architect of the Asian
model of economic development," said Edward Djerejian, director of the
Baker Institute. "His appearance at the Baker Institute could not be more
timely, given the current economic situation in Asia and its impact on the global
economy. His views on how to contain the current situation and not have it deteriorate
further&emdash;and how to move forward the process of trade, investments
and economic activity&emdash;will be of great interest."

Lee Kuan Yew, Singapore’s founding father, served as prime minister from 1959
until 1990. After he stepped down from that post in 1990, he was appointed to
his current position. In 1954 he helped found the People’s Action Party (PAP)
and served as its secretary-general until 1992.