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Singapore is one of the few indisputable success stories of post-war economic development. The country therefore is something of a role model for less developed countries as to what has to be done in order to promote development, in spite of the fact that many characteristics of Singapore (e.g.,...
Persistent link: https://www.econbiz.de/10014142928
The observation that Singapore has been one of the most successful economies in the world is almost trivial. The circumstances and policies that contributed to this outcome are very well documented as well. While the country did have some comparative advantages at the outset, such as a...
Persistent link: https://www.econbiz.de/10014124653
Diversification of the economy, the aim being to decrease economic dependence on oil and gas, has been propagated for years as the paramount task of Brunei policy-makers. Although this is obviously a sensible objective, it has proved to be a difficult goal to achieve in practice. The main thesis...
Persistent link: https://www.econbiz.de/10014054069
In this paper the trade patterns of Singapore in general and between Singapore and its Southeast Asian partners are described against a backdrop of relevant policy, e.g. in the context of the Association of Southeast Asian Nations (ASEAN). A simple model of the gravity type is also applied in...
Persistent link: https://www.econbiz.de/10014076050
The outward FDI of Singapore have increased rapidly during the last few decades, a development that strongly contributes to deeper integration of the country's economy with that of other countries in the region. A good deal of investment is targeting other parts of the world as well, especially...
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