Globalisation Is a Blessing for Singapore

The world is not a large and strange place anymore. The world is a place that is interconnected and intertwined. The world has become from a place that each country and their peoples are separate and isolated to a place that each country and their peoples are part of a global network. Thanks to globalization this is occurring. Globalization is the ‘international integration” or ‘de-bordering’ – “a number of highly disparate observations whose regular common denominator is the determination of a profound transformation of the traditional nation-state” (Von Bogdandy 2). Globalization is connecting different people from different cultures and backgrounds together. More and more corporations are entering new foreign markets to sell their

The last century has brought dramatic changes to the world. The globe has become more integrated, linking countries together economically, socially, and politically. Yet, as a result of this globalization, the world economy has become

It is also easy for many other companies to set up headquarter in Singapore as their starting point in Asia to make it possible to reach to its market point. In addition, Singapore is unique in different lifestyles and culture. It is also known for its capability of attracting sizable foreign investment, pro-business environment and entrepreneurs. Singapore focuses more on a knowledge based economy which can be seen in its education sysem. Furthermore, Singapore is located in the heart of Asia and it plays an important role in international

My research will be based on Political, Economic, and Social Organization of Singapore—an industrialist city-state.  Even though Singapore 's history dates from the 11th century, the island was little known to the West until the 19th century. Singapore is one of the World 's largest ports, because the city of Singapore has become a major port, with trade exceeding that of Malaya 's, Malacca and Penang combined. The opening of the Suez Canal in 1869 and the advent of steamships launched an era of prosperity for Singapore as transit trade expanded throughout Southeast Asia (Bureau of East Asian and Pacific Affairs, 2010). Singapore is a very

|To what extent does the Singapore Government’s policies on housing and immigration, help to increase the demand of the private |

Singapore, unlike most other states and nations, has achieved independence twice: once in 1959 when it was decolonised by the British;1 then again after it was expelled from the Federation of Malaysia in 1965, into which Singapore had integrated in 1963. 2 In contrast to many other independence movements, Singapore’s were not violent; political decisions led to the island nation’s independence in both instances. Nationalism and

Singapore has a highly developed market which has historically revolved around extensive exports trade, in other words an export driven economy hugely dependant on export of goods to other countries.

In this essay we look in-depth on how government strategies and economic policy play a crucial role in the success of High Performance Asian Economies (HPAEs) during 1960 to 1990 (World Bank 1993).There are eight countries within HPAEs: South Korea, Taiwan, Hong Kong, Singapore, Thailand, Malaysia, Indonesia and Japan. Its economic development has significantly rise that it was name ‘East Asia Miracle’ (World Bank, 1993).

Xenophobia was made known to Singapore in the General Elections of 2011. Foreign influx was one of the hot-button issues of the general elections, which pertains to the government’s liberal immigration and foreign worker policy. Singaporeans believe that the influx of foreigners was the cause of overcrowding, rising property prices and unfair job opportunities for the locals. As foreigners were blamed for creating the major problems of Singapore, it has resulted in tension between Singaporeans and foreigners. This local-foreign divide is evident in 2012, whereas a Chinese

However, the development of Singapore’s society cannot be predicated on pure economics alone. Even though globalization has enabled Singapore to fare well in economic development, however, termed the perils of success, globalization has brought about undesirable

Globalisation is referred to as “The worldwide movement toward economic, financial, trade, and communications integration.” (Businessdictionary.com) Globalisation enables vast growth within international trade, foreign direct investment (FDI) and standard of living (measured by Human development Index). Globalisation in relation to Indonesia has greatly expanded the country’s international relationships, improved standard of living for the nation’s population and improved economic growth through assistance from strategies implemented to aid development. These strategies include Indonesia joining the World Trade Organisation (WTO) and introducing stimulating macroeconomic policies.

Singapore has a capitalised mixed economy. Having strong international trade links, Singapore possesses one of the most open economies for international trade and investment. Singapore offers foreign investors a pro-business environment, excellent infrastructure, highly-skilled and cosmopolitan labour force, and a robust legal/judicial system. These competitive factors have set Singapore apart from other locations, winning several accolades including: §

The Republic of Singapore celebrated its 42 years of independence in year 2007. Situated at the southern tip of Malaysia, Singapore currently holds a population of 4.68 million as of June 2007. At 704.0km2, it is ranked 4th in the world for its population density. During the past four decades, the economy as measured by real Gross Domestic Product (GDP), multiplied by over 20 times (Ghesquiere, 2007, p.11). As a small and extremely open economy, Singapore long term survival is very much dependent on the ability to maintain its viable position and remain afloat in the sea of global competition (Mun Heng et al, 1998, p.14).

This world is a very small place, which has been made possible by Globalisation. Most popular in the 1980’s although the word “global” is over 400 years old. It is “the most important change in human history” (Bauman 2003). Globalisation is a shift of knowledge and ideas, goods and money across national border that has connected the world 's populations not only economically “the global marketplace” as used mostly but also politically, socially and culturally. It links the “traditional" societies with the "Western" industrialized ones. This essay deals with a very popular heated debate, whether globalisation has good or bad effect on developing countries, further analysing the impacts of globalisation with some relevant examples from South east Asia, Africa and other developing countries.

Globalization is the process of increased interconnectedness among the countries most in the most known popular areas of economics, politics, social, and culture. All of these areas are key aspects of each country and what makes them individualized. Globalization allows for countries to be able to be individuals without the conflict of their differences because of the power used to work as a whole globe. Globalization is a positive thing for the entire world, it allows for lots of development in our world by the connection there is between all of the countries interdependence on each other. The different points of globalization claim that it will lead to convergence of income, access to knowledge and technology, consumption power, living standards, and political ideas.