Why Did East Asia Become Successful?

Besides the experience of travel itself, identify one theme or pattern that seems to be repeated throughout the test. Examples (political\ systems, economic development, religion). What significance does this theme or pattern play in shaping the ancient world? Are there any chapters/people/events that contradict your pattern or theme?’

In the time period from 1450-1750, Asia began to use multiple strategies to to build their empires. Many aspects of their culture including their government, religion, and education were refined and changed. During their time period, Europe began to move into Asia in order to gain influence. While the empires of Eastern Asia focused more on their governments and education, the Europeans came and attempt to spread their religious ideas, especially Catholic countries.

What made Asia one of the most influential, intercontinental, and powerful nations during the ancient world? Was it the spread of new religion? The bustling trade? Or was it the knowledge and communication spread throughout the continent? In the book When Asia was the World, Stewart Gordon analyses journals, primary text, and personal accounts of life in Asia during this time. We see the view of the world through merchants, traders, scholars, philosophers, travelers, and generals, from 500 – 1500 CE. Although this book seems like it is emphasizing the importance of travel in the ancient world, it is actually about how trade spread valuable goods, services, and knowledge that made Asia the center of civilization.

Another term we must be talked about when we mention Asian Pacific economy is the “Four Asian Dragons”. Their economic success stories have served as role models for many developing countries like China and India.

East Asia and Latin America seem to benefit most from this. The East Asian economy has developed the fastest with an annual growth of nearly 8 percent (Stand 43 4). This has been achieved through

Multiple changes took place in Southeast Asia as a result of the colonial control. Especially mixed results. One change that occurred was that economics grew vigorously. This happened because it was based on cash crops or goods that would eventually be sold on the world wide market. When before it was not being sold throughout the world. It was probably either sold within the French, who had been active in Southeast Asia since the 17th century.

Economic wealth :Singapore is one of the richest countries in the world because they reserved of natural gas

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

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).

This will boost the economy of Singapore as when more companies are willing to invest in Singapore, especially due to our strengths like competitive workforce and strategic location, it will result in greater influx of capital. It will also result in a creation of jobs for the people, boosting employment rate and generating revenue for both the country and the individual. Take for instance, the chip used in the latest PlayStation3 and Xbox. A French semiconductor company, Soitec, is investing $700 million to set up in Singapore its first offshore facility to make the wafer for this chip. The wafers involve alternating layers of silicon and insulator, unlike conventional wafers which use silicon throughout. Soitec is coming here because its technology has to be well-protected, and we are the only country in Asia that they trust well enough to set up their first manufacturing campus outside of France. Thus, positive development is a sure thing with globalization. Furthermore, since in the modern day context, money is a key indicator of happiness, thus, Singapore’s development can be mirrored by the happiness of the people with their monetary needs fulfilled.

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).

Hong Kong, is located on the southeast coast of China, the diplomatic location of Hong Kong on the South China Sea and Pearl River Delta helps it to become one of the world growing and worldly cities (Hong Kong Tourism Board, 2015). Before 18th century, Hong Kong was still an agricultural and manufacturing industries. In early 80’s to late 90’s, Hong Kong lost the comparative advantage in manufacturing as the opening up and reformation of the Mainland China, but the comparative advantage of being a service centre has been increased (Lingnan University, 2014) In addition, Hong Kong has experienced three structural economic changes: