The Institute of Policy Studies (IPS) is a think-tank that studies and generates public policy ideas in Singapore. Established in 1988, IPS became an autonomous research centre of the Lee Kuan Yew School of Public Policy at the National University of Singapore in 2008. A centre for social indicators research, Social Lab, was set up by IPS in November 2013. The board of directors at the institute includes high ranking Singapore government officials, diplomats, directors of multinational businesses, and leaders of academic institutions.