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Singapore

Singapore. Singapore. Singapore declared independence from Britain on 1963 and after two years as part of the Malay Federation declared its full autonomy Lee Kuan Yew became the 1 st prime minister. Singapore’s Economy and Port.

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Singapore

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  1. Singapore

  2. Singapore • Singapore declared independence from Britain on 1963 and after two years as part of the Malay Federation declared its full autonomy • Lee Kuan Yew became the 1st prime minister.

  3. Singapore’s Economy and Port • Singapore has developed into one of the most economically prosperous cities in Asia. • free-market economy. • strong international trading links (its port is one of the world's busiest in terms of tonnage handled)

  4. Growth and economic base • The economy depends heavily on exports, particularly in consumer electronics, information technology products, pharmaceuticals, and on a growing financial services sector. 0% agriculture • 2010 Real GDP Growth- 14.9% in 2010 (3rd highest growth in the world) • 2011 Real GDP Growth- 5.2.% in 2011 • 2012 Real GDP Growth- 1.3% in 2012 • 2013 Real GDP Growth- 3.5% in 2013 • per capita GDP is 7th in the World

  5. Millionaires and poor • Singapore has the world's highest percentage of millionaire households, with 15.5 percent of all households owning at least one million US dollars • The government has rejected the idea of a generous welfare system, stating that each generation must earn and save enough for its entire life cycle.

  6. Financial Center • The country is the world's fourth leading financial center

  7. Buying more children • Singapore proposed and passed a two-month paid maternity leave for mothers of newly-born children and financial incentives to mothers who give birth to a fourth child. • These policies were initiated in response to the declining birth rate that Singapore has experienced in recent years. • 0.78 children born/woman • 4th highest life expectancy in the world (84 years)

  8. Buying Votes or being nice? • In February 2006, current PM Lee HsienLoong announced in parliament a 2.6 billion bonus called the Progress Package. • The plan was to distribute budget surpluses accumulated from the past few years to adult Singaporeans in the form of cash to everyone.

  9. Tourism • To attract more tourists, the government has decided to legalize gambling and to allow three casino resorts

  10. Singapore’s government • Lee HsienLoong- The elder son of Singapore's founding father Lee Kuan Yew office in August 2004 • Following legislative elections, leader of majority party or leader of majority coalition usually appointed prime minister • The People's Action Party (PAP) dominates the political process and has won control of Parliament in every election since self-government

  11. Are they free? • Freedom House ranks Singapore as "partly free“ • The Economistranks Singapore as a "hybrid regime", the third rank out of four, in its "Democracy Index". • Singapore is consistently rated as one of the least corrupt countries in the world by Transparency International

  12. Executive Pay • Lee HsienLoong currently earns an annual US$ 1.74 million. Highest paid head of state in the world. Obama- $ 400,000

  13. Military • The Singaporean military is the most advanced in Southeast Asia

  14. Human Rights violation or good sense • Trial by jury has been abolished. • Singapore has penalties that include judicial corporal punishment in the form of caning for offences such as rape, violence, rioting, drug use, vandalism, and some immigration offences • Singapore also imposes a mandatory death penalty for first-degree murder, drug-trafficking, and firearms offences • Amnesty International- “possibly the highest execution rate in the world relative to its population".

  15. The rules

  16. Media • Singapore's media environment is highly regulated. • Censorship is common, internet access is regulated and private ownership of satellite dishes is not allowed. • The government vigorously punishes the press for perceived personal attacks on officials, says Freedom House. "As a result, the vast majority of print and broadcast journalists practice self-censorship." Senior officials have been known to sue foreign newspapers.

  17. NEWS • http://www.nytimes.com/2012/01/24/world/asia/singapore-slashes-officials-salaries.html?_r=1&ref=singapore • http://www.nytimes.com/2012/07/27/world/asia/in-singapore-vitriol-against-newcomers-from-mainland-china.html?pagewanted=all&_r=0 • http://www.nytimes.com/2012/10/16/business/global/singapore-fights-image-as-tax-haven.html?ref=singapore

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