The success of that period carried the Party and Singapore through the 70's and 80's. The 90's are a different matter. We are at a great turning point in post-war world history. The old certitudes are gone. The Cold War has ended.
Communism is in crisis.
New poles have appeared in Western Europe and in Japan. But what the shape of the new world will be no one can be sure. The problem of the Soviet Union is now not one of strength but of weakness. A Soviet Union in decay will spread infections around the world. That the United States would win militarily in the Gulf War was never in serious doubt.