How Does Singapore’s Economy Outperform Other Asian Economies? | Economy of Singapore | Econ
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2023-01-28に共有
One of the key strengths of Singapore's economy is its focus on export-oriented manufacturing and a strong services sector. The government has also played a pivotal role in attracting foreign investment and promoting a business-friendly environment.
However, Singapore also faces some challenges in maintaining its economic growth. Income inequality remains an issue, with a significant portion of the population struggling to keep up with the rising cost of living. Additionally, the country's small domestic market and dependence on foreign trade make it vulnerable to global economic fluctuations.
Despite these challenges, the future looks bright for Singapore's economy. The government has outlined ambitious plans for the country's digitalization and technological advancements, which are expected to drive growth in the coming years. Additionally, its strategic location and strong diplomatic ties make it well-positioned to capitalize on the increasing economic integration of Southeast Asia.
Join us as we take a closer look at the history, current state, and future prospects of Singapore's economy. From its strengths and envied wealth to its challenges and areas for improvement, we'll explore the factors that have shaped this small but mighty nation's economic success."
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コメント (21)
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Hi! Awesome people of the internet. -Comment and Suggestions are welcome. -Sharing videos with people who you think might enjoy such content. -Subscribe for more economics content :yt: You are awesome :)
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One of the key strengths of Singapore's economy is its focus on export-oriented manufacturing and a strong services sector. The government has also played a pivotal role in attracting foreign investment and promoting a business-friendly environment.👍
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Underrated channel editing is top notch
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This is the most comprehensive infotainment video on history of Singapore economy. Unlikely anyone will touch on Singapore port as the competing port with Batavia (now West Jakarta)
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Anti-corruption is the key !
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From 5:48 one of the best summary and explanation of Singapore's success. Note that eventual "map" or "web" of PAP's (or the Government's) role in the centre of the web was not attained instantly or in full from the start. It grew organically. But it is what governments should do - plan holistically.
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The key Singapore's is tough on crime and discipline goverment on managnement.the lee gov't was smart man period.good video.
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Background music slightly too jazzy and loud to focus on all the detailed slides provided. Otherwise, a good quality video
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thanks for this. timely and educational
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Singapore, the best coutry i have been there.
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[comment for the algorithm ] earned a sub.
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who said dictatorships don't work
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Hail to your research and presentation !!
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Oops...u got everything right, except for the last statement about free speech and loosen up. In fact the politics today compared to it's early days , it's now more liberal. If u expect Singapore to practice the western norms, then for sure u will see Singapore's downfall much faster than any country. Singapore it's a totally different "creature".
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Amazing
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Can you make a separate video on how you edit your videos
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👏👏👏Great Video....
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I actually love this video. The mindmaps drive home the point clearly and allow me to understand your content easily. This is the first video I come across as I am looking for resources for my assignment and I do not regret clicking on it!!!!!!! However, just to note, Singapore has already repealed the law Section 377A, which bans gay sex, on the November 29 2022, just before this video was uploaded.
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Sg success is its acute awareness of its size,risk lack of natural resources and its only resource is manpower. Hence, it’s crucial that Sg approach development in a holistic manner with all policies from Seurity, political, stability, rule of law, housing, education, healthcare, R&D, manufacturing, trade, investments, building of National reserves, etc,being closely coordinated. These together with building trust / support between govt & people, clear explanation of policies, zero tolerance for corruption & social ills such as drugs, racial / cultural / religious discrimination. The strong far sighted govt leadership and willingness to make personal sacrifice for the progress & preparation for future generations makes Sg success story.
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Stamford Raffles did not go there to establish an outpost. He went there after hearing about the dutch eyeing the "Indian islands"(Indonesia). Singapore wasn't even a proper town back then.