Singapore 's Highest Standards Of Living

1742 Words7 Pages
Singapore is a country located in Southeastern Asia between Malaysia and Indonesia and it comprises the main island and around 50 smaller islands. (See Exhibit 1). It was a British trading colony in 1819 and joined the Malaysian Federation in 1963 but became independent two years later in 1965. A 697 squared kilometers country ranked as 192nd in the world according to its area and no more that 3.5 times the size of Washington, DC has become one of the world 's most successful countries with strong international trading relations and one of the world’s highest standards of living. Singapore is a parliamentary representative democratic republic, the head of government is the Prime Minister (Lee Hsien Loong) and the head of State is the president (Tan Keng Yam. A.k.a. Tony Tan) who has some veto power in decisions regarding national reserves, armed forces and internal security matters. Politics in this country haven been governed by The People’s Action Party (PAP) since 1959. Under the leadership of PAP, Singapore has a highly centralized structure characterized by an authoritarian and pragmatic political culture. The power in Singapore is gained trough skill, performance, and loyalty to the nation and its policies. The government in Singapore has established a dominant policy where the state has taken on the role of promoter and practitioner of Corporate Social Responsibility . However, some national and international organizations have published some indicators showing
Open Document