Global Economic Dimensions of Singapore In what ways is the Singapore economy now globalized? How can the government and people respond to its new challenges?

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Presentation transcript:

Global Economic Dimensions of Singapore In what ways is the Singapore economy now globalized? How can the government and people respond to its new challenges? Presented By : Kyaw Soe Hein (A Y)

Singapore Economy GLOBALISATIO N History Expending infrastructure Investment on Education Labour-Intensive Manufacturing orientated

GLOBALISED ECONOMY Political Turmoil & Unrest labour Developmental Policy ( Land, Labour, Industrial Law) Central Provident Fund Export Manufacturing Strategy (MNCs) Financial Hub for Asia

Challenges of Globalised Economy Impact of Globalization Fresh Challenges World Economic Recession Emerging of Greater Power High Domestic Capital Maintain Social Stability

CHALLENGES OF GLOBALISED ECONOMY Respond of Government & People  Skilled-intensive manufacturing(R&D)  Services(Health & Education, Tourism)  Inspire SMEs  Lower Tax  Upgrade of Knowledge for labour force  Social Development

Success of Singapore  GDP Growth  Cores Value  Social Stability

With Thanks… “Wish for Singapore Continual Success” Kyaw Soe Hein

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