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1) Singapore has a business friendly environment, its pro-business policies are expected to continue to attract foreign investors and business entrepreneurs.



1) Singapore has a business friendly environment, its pro-business policies are expected to continue to attract foreign investors and business entrepreneurs.

· №1 rank in World’s bank 2011 Doing business report

· №2 rank in Wall Street Journal’s 2011 Index of Economic Freedom

· Low level of corruption

· Low corporation tax rates

2) Singapore is an export-oriented economy. Overreliance on external trade might be a future challenge, due to possible decrease in demand. (Global economic crisis 2009 had a drastic effect on Singapore’s GDP).

Source: Data Monitor country analysis

3)Singapore has one of the highest standards of living in the world, one of the highest GDP per capita, but it suffers from high degree of income disparity. GINNI Coefficient comparison

Source: CIA World Factbook 2009

4) Singapore will face the problem of aging population, and government expenditure on social welfare will have to increase dramatically.

http://www.singstat.gov.sg/publications/publications_and_papers/population_and_population_structure/population2012.pdf

 

5) Singapore will face competition from emerging nations as developing countries tend to increase government expenditure on R&D while cost of labour remains low.

http://en.wikipedia.org/wiki/List_of_countries_by_research_and_development_spending

таблица (Китай, Индия, Бразилия, Тайвань).

 

6) Banking services, pharmaceuticals, oil refining, chemicals and electronic products will remain the most profitable industries for FDI in Singapore.

Source: Singapore Statistics

7) Singapore is a multinational country, Chinese individuals account for 74 % its population, racial tensions remain high, and business in the country could be affected.

http://www.singstat.gov.sg/publications/publications_and_papers/population_and_population_structure/population2012.pdf

 

8) In a long term Singapore will have to overcome the problem of land shortage.

http://www.photius.com/rankings/geography/population_density_persons_per_sq_km_2012_0.html

SOURCE: CIA World Factbook 2012

 

Singapore economic performance remains positively stable over past 20 years.

http://www.heritage.org/index/visualize?countries=singapore&type=8

 

 


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