Nobody downloaded yet

Country analysis ( Singapore) - Research Paper Example

Comments (0) Cite this document
Summary
Country Analysis (Singapore) Author Institution Abstract Singapore can be categorized as a hi-tech, wealthy city state located in South-East Asia. Singapore possesses the reputation for the conservatism depicted by its leaders and its strict social controls…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER99% of users find it useful
Country analysis ( Singapore)
Read TextPreview

Extract of sample "Country analysis ( Singapore)"

Download file to see previous pages Nevertheless, the country is criticized for running a system that churns out punishments for acts perceived to be anti-social; however, the country’s use of capital punishment that is applied mainly for drug trafficking offences hailed for stopping the growth of narcotics syndicates. A. Introduction to Country Analysis Singapore uses Singaporean Dollar (SGD) and has a total area of about 714 sq km. According to Singapore Department of Statistics, the 2009 population estimates stood at 5.18million (comprising of 3.26 citizens 0.53 million permanent residents 1.39million other foreign residents) with the population density revolving around 6671.7 sq km. Singapore government represents republic and parliamentary democracy with the official Singaporean languages include Mandarin, English, Malay, and Tamil. The major religions in Singapore include Buddhism (33%), Christian (11%), Taoism (11%), Catholicism (7%), Islam (15%), Hinduism (5%), other religions 1%, and no religion at17% (Jancloes-Schneider, 2012). Chinese make up the bulk of Singapore population (more than 75%) while Malays (13%) and Indians (9%) make up the rest. Singapore has also a significant composition of foreign workers. This diversity has translated into a distinct mix of religions, languages, cuisines, and cultural traditions. The successful integration of these elements has fashioned stable, accommodative relations depicted by mutual respect and that promotes social cohesion (World Trade Organization, 2000). Although Singapore is predominantly a multi-party nation, the People’s Action Party has dominated the political scene since independence from Malaysia in 1965. Singapore’s vibrant economy remains largely propelled by financial services and electronics industry (Parker, 2012). B. Economic Indicators Singapore possesses a developed market-based economy that has historically centered on extended entrepot trade. Singapore GDP (constant prices, National Currency) in 2010 stood at SGD 284.561 billion (and US $238.2 billion in 2011) while GDP (current prices, US dollars) in 2010 stood at US $222.699 billion. As per 2010, Singapore GDP growth ranged around 14.471% while GDP (PPP) in 2010 stood at US $291.937 billion (GDP PPP was US $327.557 billion in 2011) (Healy Consultants,2012). Singapore’s GDP per capita (constant prices, National currency) in 2010 stood at SGD 55, 093.67 while GDP per capita (current prices, National currency) in 2010 stood at SGD 58,790. 97. In 2011, the GDP per capita stood at SGD 63,050, which amounted to US $50,123 (Jancloes-Schneider, 2012). The inflation rate in 2010 stood at 2.823% while, in 2011, the inflation rate stood at 5.2% and is estimated to be 3.5% in 2012. Unemployment rate in Singapore decreased to about 1.9% within the third quarter of 2012 right from 2% registered in the 2nd quarter of 2012. In 2011, Singapore enjoyed an annual growth of around 5.2% with the benchmark interest rate last recorded by the Monetary Authority of Singapore standing at 0.1%. After an outstanding rebound in 2010, the Singapore economy slowed down a bit in 2011 owing to tighter economic policies and the slowdown witnessed in international trade (Jancloes-Schneider, 2012). C. Main exports and Imports Singapore’s geostrategic location, plus its developed port facilities means that a significant volume of Singapore’s merchandise exports involves entrepot trade with close to 47% of exports comprising of re-exports. The total value of exports in Singapore in 2010 stood at ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Country analysis ( Singapore) Research Paper Example | Topics and Well Written Essays - 1250 words”, n.d.)
Country analysis ( Singapore) Research Paper Example | Topics and Well Written Essays - 1250 words. Retrieved from https://studentshare.org/macro-microeconomics/1464783-country-analysis-singapore
(Country Analysis ( Singapore) Research Paper Example | Topics and Well Written Essays - 1250 Words)
Country Analysis ( Singapore) Research Paper Example | Topics and Well Written Essays - 1250 Words. https://studentshare.org/macro-microeconomics/1464783-country-analysis-singapore.
“Country Analysis ( Singapore) Research Paper Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/macro-microeconomics/1464783-country-analysis-singapore.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Country analysis ( Singapore)

Country Analysis

...Country Analysis: Globalization and its Impact in India Globalization in India has occurred mostly through the Indian Government allowing foreign direct investment and the operation of foreign businesses in India. Most of the foreign investment in India after 1991 has come through American investors and business entities. Nayak Amar et al. (2004), studies globalization in India using seven critical factors; trade and investment, response of foreign businesses to trade and investment policies in India, responses of foreign governments and their motivation for overseas assistance, international trade and investment policies, trends of foreign direct investments, Indian exports and foreign direct...
4 Pages(1000 words)Essay

Country Analysis

...Country Justification Report: Brazil and Mexico Table of Contents Executive Summary .3 0 Introduction 4 1.1 Product Profile ...4 2.0 Country Analysis on Mexico .4 2.1 Socio-political environment of Mexico..4 2.2 Population Profile...4 2.3 Economic and Business Environment of Mexico..5 2.4 GDP Growth Rate..5 2.5 Treaties with Mexico.5 2.6 Mexican Exchange Rate5 3.0 Country Analysis on Brazil6 3.1 Socio-political environment of Brazil6 3.2 Geography..6 3.3 Employment...6 3.4 Economic and Business environment of Brazil.6 3.5 Tourist Attractions 7 3.6 The North East Coast.7 3.7 Ecotourism.7 3.8 Brazil's Tourism Industry..7 4.0 Country Choice...
6 Pages(1500 words)Research Paper

Country Analysis

... Introduction In an age of globalization, organizations across the world are trying to explore and make use of new international markets in order to expand and more importantly to utilize cost benefits, expertise and other factors tariffs in order to remain competitive. In such an environment, it is imperative that expanding into international markets is a long term strategy for survival and growth. One of the most important factors that need to be considered is cultural diversity. Business organizations have now taken this aspect very seriously and attempts to educate host country personnel to understand and work in a diverse cultural environment. This paper attempts to review all the relevant factors that need to be considered... with...
6 Pages(1500 words)Essay

Country analysis

...Hofstede Analysis Introduction Using the Geert Hofstede cultural dimensional theory I find that Mexico is not a good business proposition for countries like USA to invest in. The Hofstede theory has been discussed below. 2. Power Distance Index (PDI) a) Definition1 – The first index i.e. Power Distance Index provides outlook on the degree of acceptance of expectation and acceptance of power distribution among the various organizations of the country. The organizations and institutions include the smallest unit of the society like a family. Countries that demonstrate low power distance exhibit a more democratic and consultative form of expectation and acceptance of power...
6 Pages(1500 words)Essay

Economics of Development: Country Singapore

...Number Country Introduction A lot of many and major transformations were recorded in Singapore between the period 1950 and 1970. Much of these transformations had a lot to do with the development of trade and manufacturing. This is without forgetting the financial sector where the intention was to come up with a financial hub that could be used in economic development. Looking at the case of Singapore, we would say that it is a productive economy with a very high market competition. This observation has been further clarified by the Swiss International Institute for Management Development, going with their report that they released in the year 2001 (Chellaraj & Mattoo, 2009). In this...
5 Pages(1250 words)Research Paper

Economics of Development: Country Singapore part 3

...Economic Development in Singapore al Affiliation Singapore is a small island in the south of Malaysia. In relation with other islands, Singapore is seen to be more urbanized. It has an area of 7232 square kilometers. Most of its land was reclaimed from its sea, hills and the neighboring areas. It is 15 meters above sea level on most parts of its territory and 165 meters above the sea level on Bukit Timah region that comprises of igneous rocks and granite (Bowen, 1993). Despite the absence of any natural lake, the country has good supply of water from its constructed reservoirs. Development is a dynamic process that needs fundamental transformation in different spheres...
6 Pages(1500 words)Research Paper

Country Analysis

...Country Analysis The chamber of commerce refers to a type of business network whose main objective is to sustain the interests of both the business and the investors. The development of the networks especially in the developed countries has pioneered the expansion of companies as some target the international market (Sisson, 2006). This has resulted in the rapid development of the countries owing to the increased commercial activities within the countries. Just as with any of such networks, the American chamber of commerce has pioneered the development of business both in the country and in the international society including France...
2 Pages(500 words)Essay

Country analysis

...Afghan War I will discuss about the US war in Afghanistan, based on the international system level of analysis. The role of multiple international players is evident in the war when we judge it from this perspective. The Soviet war intervention that started in 1979 laid the basis of conflict that persists till this day. Since the Soviet invasion was unacceptable to the United States, a number of forces in the war zone were heavily funded by the US to ensure expulsion of the Soviet forces; thus making room for the local fighters to flourish. Following the defeat of Soviet forces, the local armed groups were left unattended by the world. This allowed the fighters to plan and conduct an operation that literally shocked the...
1 Pages(250 words)Essay

Country analysis

...Analysis of Afghanistan Question Economic Circumstances and Position of Afghanistan The economic position and circumstance of Afghanistan are poor. Though the country is slowly recovering from decades of conflict with major world superpowers such as United States, the economy has improved gradually. However, the fall of Taliban in 2001 due to the intervention from international bodies has not helped the poor living standards of Afghan citizens. The country remains landlocked and highly dependent in international aid. Currently, there is inadequacy in housing, poor infrastructure, poor medical care and unemployment. The future of economic growth of Afghanistan is at stake given the...
2 Pages(500 words)Essay

Country Analysis

...COUNTRY ANALYSIS – SOUTH SUDAN (Political Science) ID Number Presented of the School Location: Estimated Word Count: (1,447 of text only) Due on: November 27 , 2014 South Sudan – a brief backgrounder The country chosen for this paper for a political analysis is South Sudan. It is the newest and youngest member of the United Nations with a population of just a little over 11 million with English as its official language and its countrys capital at Juba. South Sudan gained political independence from its mother country of Sudan in July 9, 2011 after a referendum made early in January 2011 showed majority of the people wanted to secede from...
4 Pages(1000 words)Outline
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Country analysis ( Singapore) for FREE!

Contact Us