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One of the key strengths of Singapore's economy is its focus on export-oriented manufacturing and a strong services sector. The government has also played a pivotal role in attracting foreign investment and promoting a business-friendly environment.👍
This is the most comprehensive infotainment video on history of Singapore economy. Unlikely anyone will touch on Singapore port as the competing port with Batavia (now West Jakarta)
From 5:48 one of the best summary and explanation of Singapore's success. Note that eventual "map" or "web" of PAP's (or the Government's) role in the centre of the web was not attained instantly or in full from the start. It grew organically. But it is what governments should do - plan holistically.
@@Also_sprach_Zarathustra. Sure. And in a democracy, the AI just needs to win the election. Or in a non-democracy, the AI just needs to organise a coup to overthrow the govt.
@@daanhoekstra4519 close it's considered a one party authoritarian state but it does allow elections but they always win by high margin so it's kind of a moot point
@ch l, Oh, but the bet in Communist China is also successful. Despite their regime, they also have to be elected. At least Communist China is getting more progressive than the demoncratic West.
Oops...u got everything right, except for the last statement about free speech and loosen up. In fact the politics today compared to it's early days , it's now more liberal. If u expect Singapore to practice the western norms, then for sure u will see Singapore's downfall much faster than any country. Singapore it's a totally different "creature".
I actually love this video. The mindmaps drive home the point clearly and allow me to understand your content easily. This is the first video I come across as I am looking for resources for my assignment and I do not regret clicking on it!!!!!!! However, just to note, Singapore has already repealed the law Section 377A, which bans gay sex, on the November 29 2022, just before this video was uploaded.
Stamford Raffles did not go there to establish an outpost. He went there after hearing about the dutch eyeing the "Indian islands"(Indonesia). Singapore wasn't even a proper town back then.
Sg success is its acute awareness of its size,risk lack of natural resources and its only resource is manpower. Hence, it’s crucial that Sg approach development in a holistic manner with all policies from Seurity, political, stability, rule of law, housing, education, healthcare, R&D, manufacturing, trade, investments, building of National reserves, etc,being closely coordinated. These together with building trust / support between govt & people, clear explanation of policies, zero tolerance for corruption & social ills such as drugs, racial / cultural / religious discrimination. The strong far sighted govt leadership and willingness to make personal sacrifice for the progress & preparation for future generations makes Sg success story.
Free market and capitalism always make people rich. Every other countries that have tried different systems only fell into corruption and put their people in poverty and slavery.
Not changing the leadership every 4 or 8 years can be good if the leader in power is a good one.. I would like a good leader to serve for 20 or 30 years rather than be forced to step down after 8 years for another useless one..
they don't whine about colonization and victimhood they just get their buts up and work that's why they achieved this much, apart from countries like India who wont shut up about thing that every other nation literally suffered from too..
whoever catch and screw culprits (politicians, billionaires, religious leaders, royalty, ...) = have the goods and visa and ... work done = fiat goods trade
Nah, they just took south east asia land and the location is well known since ancient time as trading route. Nothing great about it and they become a militiry hub for Israel and America
No such military hub in Singapore. Israel advisors only helped with the forming of the Singapore military after Singapore was expelled from Malaysia. Singapore sought help from two other countries but only Israel responded to it.
The top five sources of foreign investment in Indonesia are as follows: Singapore - US$13.3 billion; China - US$8.2 billion; Hong Kong - US$5.5 billion; Japan - US$3.6 billion; and Malaysia - US$3.3 billion.
This knows nothing about economics! That’s the problem of RUclips! You have plenty of people who claim to be an expert of nothing? But is an expert anyway! Talk about Singapore will be royally screwed now globalization is dead!
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Hi! Awesome people of the internet.
-Comment and Suggestions are welcome.
-Sharing videos with people who you think might enjoy such content.
-Subscribe for more economics content
You are awesome :)
Singapura is Malay territory. And they gen money from Malaka starit
One of the key strengths of Singapore's economy is its focus on export-oriented manufacturing and a strong services sector. The government has also played a pivotal role in attracting foreign investment and promoting a business-friendly environment.👍
God bless this city fam.😎😇🎆🔥🎆🔥🙏
This is reliant on manipulation of their currency.
Money laundering. Currency manipulation. Tax evasion. All underhanded tactics. The Singapore miracle....
Underrated channel editing is top notch
True.
This is the most comprehensive infotainment video on history of Singapore economy. Unlikely anyone will touch on Singapore port as the competing port with Batavia (now West Jakarta)
Anti-corruption is the key !
If I'm not mistaken, in Singapore, corruption is punishable by the death penalty! All countries should have that!
@@TheWedabest How do you define corruption?
@Also_sprach_Zarathustra. dishonest or fraudulent conduct by those in power, typically involving bribery. That's the dictionary definition.
From 5:48 one of the best summary and explanation of Singapore's success. Note that eventual "map" or "web" of PAP's (or the Government's) role in the centre of the web was not attained instantly or in full from the start. It grew organically. But it is what governments should do - plan holistically.
or we should just replace governments by an AI who can do it more efficiently, rationally, and without possibility of corruption.
@@Also_sprach_Zarathustra. Sure. And in a democracy, the AI just needs to win the election. Or in a non-democracy, the AI just needs to organise a coup to overthrow the govt.
The key Singapore's is tough on crime and discipline goverment on managnement.the lee gov't was smart man period.good video.
My family has a farm in Brazil that sells 100% of its production to Singapore. Thank you Singapore.
They are a small nation, strategically located and have a managed state economy. It works for them.
thanks for this. timely and educational
Background music slightly too jazzy and loud to focus on all the detailed slides provided. Otherwise, a good quality video
naw i fw it
[comment for the algorithm ]
earned a sub.
Singapore, the best coutry i have been there.
Must be hillbilly visiting
who said dictatorships don't work
Is Singapore a dictatorship?
It's a risky bet though - you either end up being a millionaire or a beggar.
@@chl6824 Anytime better than Democracy which is the worst🤢
@@daanhoekstra4519 close it's considered a one party authoritarian state but it does allow elections but they always win by high margin so it's kind of a moot point
@ch l, Oh, but the bet in Communist China is also successful. Despite their regime, they also have to be elected. At least Communist China is getting more progressive than the demoncratic West.
Hail to your research and presentation !!
Amazing
Oops...u got everything right, except for the last statement about free speech and loosen up. In fact the politics today compared to it's early days , it's now more liberal. If u expect Singapore to practice the western norms, then for sure u will see Singapore's downfall much faster than any country. Singapore it's a totally different "creature".
I actually love this video. The mindmaps drive home the point clearly and allow me to understand your content easily. This is the first video I come across as I am looking for resources for my assignment and I do not regret clicking on it!!!!!!! However, just to note, Singapore has already repealed the law Section 377A, which bans gay sex, on the November 29 2022, just before this video was uploaded.
Can you make a separate video on how you edit your videos
👏👏👏Great Video....
Stamford Raffles did not go there to establish an outpost. He went there after hearing about the dutch eyeing the "Indian islands"(Indonesia). Singapore wasn't even a proper town back then.
Sg success is its acute awareness of its size,risk lack of natural resources and its only resource is manpower. Hence, it’s crucial that Sg approach development in a holistic manner with all policies from Seurity, political, stability, rule of law, housing, education, healthcare, R&D, manufacturing, trade, investments, building of National reserves, etc,being closely coordinated. These together with building trust / support between govt & people, clear explanation of policies, zero tolerance for corruption & social ills such as drugs, racial / cultural / religious discrimination. The strong far sighted govt leadership and willingness to make personal sacrifice for the progress & preparation for future generations makes Sg success story.
Hey, do you mind sharing what apps or software you use to make these videos?
After effect
can I know the link for the graph used in the video at 2:30
great video! but the music needs to be louder haha
This shows succesive govs in the uk run the four nations very poorly.
we should just replace governments by an AI who can do it more efficiently, rationally, and without possibility of corruption.
Through foreign investments
Free market and capitalism always make people rich. Every other countries that have tried different systems only fell into corruption and put their people in poverty and slavery.
Not changing the leadership every 4 or 8 years can be good if the leader in power is a good one.. I would like a good leader to serve for 20 or 30 years rather than be forced to step down after 8 years for another useless one..
they don't whine about colonization and victimhood they just get their buts up and work that's why they achieved this much, apart from countries like India who wont shut up about thing that every other nation literally suffered from too..
British ignorance and jealousy can be smelled from your comment
Hey Econ team,
I am want to connect to you. How is it possible?
He is Indian
They holding loads of US treasure
Just take in rich people, keep eye shut if their money is filthy, so long as they are wealthy
whoever catch and screw culprits (politicians, billionaires, religious leaders, royalty, ...) = have the goods and visa and ...
work done = fiat goods trade
well the U.S. is very loose how is that working out?
Nah, they just took south east asia land and the location is well known since ancient time as trading route. Nothing great about it and they become a militiry hub for Israel and America
No such military hub in Singapore. Israel advisors only helped with the forming of the Singapore military after Singapore was expelled from Malaysia. Singapore sought help from two other countries but only Israel responded to it.
Thumbnail how Singapore destroy Indonesian economy
The top five sources of foreign investment in Indonesia are as follows:
Singapore - US$13.3 billion;
China - US$8.2 billion;
Hong Kong - US$5.5 billion;
Japan - US$3.6 billion; and
Malaysia - US$3.3 billion.
@@NewmaticKe Singapore dapat 5000 triliun rupiah tiap tahun dari perdagangan Indonesia
Wish Singapore Gov could supply to every jobless old folks over 70 years old
Every month
S$450
For daily meals
Small countries doesn't become world leaders they may be a economic triumphs but in Long run they will collapse 😂 and are always vulnerable
This knows nothing about economics! That’s the problem of RUclips! You have plenty of people who claim to be an expert of nothing? But is an expert anyway! Talk about Singapore will be royally screwed now globalization is dead!
"promo sm" 😞
老實說
自古以來
新加坡的人才不多
新加坡是小國
今日的繁榮
能撐多久
去看泉州府港
曾是世界第一大商港
是色目人建立和經營的大港
今天呢
它在哪了
今日的新加坡
明日變泉州港
新加坡人才懂多少呢
看懂英文
讀了英文書
就能救新加坡嗎？
新加坡
會有一天
敗落下來
新加坡人能救嗎？
論危機意識
能防禦明日的厄運嗎？
新加坡人的眼睛
昏花了嗎？
老是批判台灣
論述局勢
能躲避明日的危機嗎？
我看
新加坡人才少
台灣的蠢才
都比新加坡人強
I want to get in touch with you guys? Any mail/contact