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The World Bank is currently advising newly industrialized countries on how to encourage growth and they have asked for your help. Using the Internet, libraryand/or other resources, research and...

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The World Bank is currently advising newly industrialized countries on how to encourage growth and they have asked for your help.
  • Using the Internet, libraryand/or other resources, research and briefly explain 2–3 methods currently being used to encourage economic growth for the typical firmin Hong Kong and for the typical firm in Singapore.
  • Which of these methods of encouraging growth would you suggest for the typical company in Hong Kong and Singapore?
  • Explain the rationale for your choice.
This assignment will also be assessed using additional criteria providedhere.
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Assignment Type: Individual Project   Deliverable Length: 1 Pages     Points Possible: 150   Due Date: 3/15/2013 11:59:59 PM CT      The World Bank is currently advising newly industrialized countries on how to encourage growth and they have asked for your help. Using the Internet, library and/or other resources, research and briefly explain 2–3 methods currently being used to encourage economic growth for the typical firm in Hong Kong and for the typical firm in Singapore. Which of these methods of encouraging growth would you suggest for the typical company in Hong Kong and Singapore?  Explain the rationale for your choice. This assignment will also be assessed using additional criteria provided  HYPERLINK "http://coursebuildercontent.careeredonline.com/Content.aspx?sun=29989" \t "_blank" here.

Answered Same Day Dec 22, 2021

Solution

Robert answered on Dec 22 2021
121 Votes
http:
www.kpmg.com/sg/en/pressroom/pages/pr20130204.aspx
 http:
www.ft.com/cms/s/0/a0bd2504-69f3-11e2-a80c-00144feab49a.html#ixzz2NXHcgOh8
Singapore is a tiny nation that has seen phenomenal growth in recent past. It was featured in the book, Some countries Do it Better’ do demonstrate that resource poor nations can thrive on the basis of its business friendly environment, as well as transparent policy regime. The success lies in education and skill development of the work force as well as an open immigration policy to attract the best talent that is suitable to Singapore’s own growth. Thus the main ways used to promote growth are:
· Friendly and welcoming environment for foreign capital.
· Open doors policy for foreign human talent.
· Education and...
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