People bow as they pay their respects to the late former prime minister Lee Kuan Yew at Tanjong Pagar community club, in the constituency which Lee represented as Member of Parliament since 1955, in Singapore March 23, 2015. REUTERS/Edgar Su
SINGAPORE (Reuters) - If Lee Kuan Yew represented the Singapore of yesteryear, his death this week raises the question of whether the generation of leaders in waiting will reshape the mould that transformed the city-state from a colonial backwater to a haven of prosperity.
While Lee had long retired from active leadership, his son, Prime Minister Lee Hsien Loong, is still the standard-bearer of a free-market model that relied on efficiency, low taxes, zero tolerance for corruption and a distaste for the welfare state.
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