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Comparison between Indonesian and Singaporean Politics/Economy - Essay Example

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Indonesia and Singapore – Corruption and economic development in the post-2008 period A comparison paper between Indonesia and Singapore – Corruption and economic development in the post-2008 period When having to compare the performance of countries in the context of the international community, emphasis should be given to specific issues: economy and political choices are the most common criteria for evaluating the power of countries and their potential to secure their growth in the future…
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Comparison between Indonesian and Singaporean Politics/Economy
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Comparison between Indonesian and Singaporean Politics/Economy

Download file to see previous pages... The literature published on this subject reveals that both countries have potentials to achieve a long term growth; however, the high level of corruption, as appearing in both Singapore and Indonesia, sets important barriers to their economic development. Cameron et al. (2005) developed an empirical study in order to explore whether corruption has different characteristics in countries with different cultures. The study was based on data related to India, Australia, Singapore and Indonesia. Corruption has been found to be critical for the economic growth of countries; in fact, as noted in the study of Cameron et al. (2005) corruption can severely threaten a country’s growth primarily by leading to the limitation of investment on various industries, a phenomenon that leads to the decrease of income in various economic activities across a country. Because of its potential to cause turbulences in the profits of a country’s industries corruption is often used as a term for evaluating the potentials of a country to secure its growth (Cameron et al. 2005). In practice, corruption has been defined as ‘a situation where two people can act to increase their own payoff at the expense of a third person, the victim’ (Cameron et al. 2005, p.2). The study of Cameron et al. (2005) has been based on the rule that the attitudes of people towards corruption is not standardized but it can highly differentiated depended on the social, economic and political environment involved. Another fact that has been found to impact people’s attitude towards corruption is ‘their personal experiences on corruption’ (Cameron et al. 2005, p.3). The findings of the study of Cameron et al. (2005) are quite important for understanding the differences and similarities to the practices used by Indonesia and Singapore in regard to corruption. Traditionally, Indonesia has been included in the list of highly corrupted countries; in the relevant index Indonesia tends to achieve a score of 1.9, being at similar level with India (Cameron et al. 2005, p.3). As for Singapore, the particular country has become known for its high performance in fighting corruption: the most recent score of Singapore in regard to corruption has been 9.4, based on a 10-level scale; this is an exceptional score in regard to the control of corruption across the country (Cameron et al. 2005, p.3). The evaluation of Singapore and Indonesia in regard to their ability to fight corruption should be based on the following fact: in Singapore, the government has emphasized to the limitation of corruption by introducing a series of strict laws; this practice has discouraged those who supported corruption across the country (Cameron et al. 2005). Indeed, during the last 40 years the control over corruption in Singapore has been impressive; today, the country is among ‘the least corrupted countries worldwide’ (Cameron et al. 2005, p.3), as explained earlier. In Indonesia, corruption has been traditionally a severe economic and political problem. The lack of initiatives by the government’s side has led to the expansion of the problem, making the country one of most vulnerable internationally in regard to corr ...Download file to see next pagesRead More
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