(Bloomberg) — World leaders remembered Lee Kuan Yew as a
political “giant” who crafted Singapore into a regional
economic powerhouse and helped expostulate a origination of the
Association of Southeast Asian Nations.

Lee, who died Monday during 91, was Singapore’s initial elected
prime minister, a Cambridge University-trained counsel who led
the republic after autonomy from Great Britain, from 1959 to
1990.

U.S. President Barack Obama pronounced discussions with Lee in
2009 were “hugely important” in assisting him delineate the
U.S.’s process of rebalancing to a Asia Pacific region.

“Lee’s views and insights on Asian dynamics and economic
management were reputable by many around a world, and no small
number of this and past generations of universe leaders have sought
his recommendation on governance and development,” Obama pronounced in a
White House statement.

“He was a loyal hulk of story who will be remembered for
generations to come as a father of complicated Singapore and as one
the good strategists of Asian affairs.”

Lee was hospitalized Feb. 5 to provide serious pneumonia,
where he was sedated and put on automatic ventilation. As
leader, he crafted a bequest of enlivening unfamiliar investment,
averting crime and emphasizing discipline, potency and
interracial harmony. His elder son, Lee Hsien Loong, has been
prime apportion given 2004.

Stability, Prosperity

“The republic he leaves behind is an successful force for
stability and wealth and a crony to a United States,”
former U.S. President George W. Bush pronounced in a matter of the
elder Lee. Bush’s father, ex-U.S. boss George H. W. Bush,
said he was unapproachable to have called Lee a friend.

“I reputable his effective care of his wonderful,
resilient and innovative republic in ways that carried living
standards though indulging a enlightenment of corruption,” he said.

Singapore has been ranked by a World Bank as a easiest
place to do business for during slightest 8 years, and has Asia’s
highest GDP per capita.

Lee “personally made Singapore in a approach that few people
have any nation,” U.K. Prime Minister David Cameron pronounced in a
statement. “His place in story is assured, as a personality and as
one of a complicated world’s inaugural statesmen.”

Leaders from Australia and New Zealand remarkable Lee’s
contribution to a growth of complicated Singapore.

Regional Giant

Lee was a “giant of a region” who 50 years ago led a
“vulnerable, fledgling republic to independence,” Australian
Prime Minister Tony Abbott pronounced Monday in a statement.

“Thanks to his leadership, Singapore is now one of the
world’s many moneyed nations, a financial powerhouse, and one
of a world’s easiest places to do business,” Abbott said.

New Zealand Prime Minister John Key cited Lee’s work to set
up a 10-member Asean, “which has offering congruity and
stability in a different region.”

“He was good famous for his insights and foreknowledge though what
struck me many was his invariable integrity to see Singapore
succeed.”

United Nations Secretary-General Ban Ki Moon described Lee
as a “legendary figure in Asia,” who was widely reputable for
his leadership.

“He helped Singapore to transition from a developing
country to one of a many grown in a world, transforming
it into a abounding general business hub,” he pronounced in a
statement on a UN website.

To hit a contributor on this story:
Shamim Adam in Kuala Lumpur at
sadam2@bloomberg.net

To hit a editors obliged for this story:
Rosalind Mathieson at
rmathieson3@bloomberg.net
Linus Chua