what is the reason you think Singapore became prosperous with it's limited natural resources and land where

Question

what is the reason you think Singapore became prosperous with it's limited natural resources and land where as a big country like india with good resources and manpower cannot

Answer 1

Well, Kamps, you can totally ignore the answer of Fartknocker as he was apparently farting when he answered and totally out of his mind!

The reasons for the success of Singapore include -
1 A good government
2 Controlled democracy
3 A well-disciplined population and work force, though at times the government is accused of undue interference in the private affairs of the people
4 A well-managed economy run like a corporation
5 Good investment strategy of the country's reserves
6 A good location supported by world-class infrastructure

These are just a few but there are others too.

Well, as for comparing Singapore with India, Singapore is not even the size of the capital of a province in India. Now that India has begun to develop by leaps and bounds, it is destined to become a major power in the next two decades or so, and Singapore is already benefiting from this.

By the way, the Indian population in Singapore has played and continue to play a very important role in its rapid development.

Answer 2

Singapore has a remarkably free economy, with very little government intervention in business, and strong property rights. India, for a long time, did not, but I understand that the situation has improved there of late and that the Indian economy is growing nicely. (This from the other side of the world, in the US.)

Answer 3

1. Duty free port
2. Low tax on business profit (was, not anymore)
3. Cheap (was, not anymore) and skilled labour
4. Small population to control
5. Good government setup

Singapore is run on the well planned education, law enforcement and patriotism that produced its best resource -- people.

Otherwise, the country will collapse.

Answer 4

Develop the skills and talent of her people.
Planning 30-40 yrs ahead.
Size is easier to implement and control.
Good relations with neighboring countries.
A world class port/habor.
Good geographical location.

Answer 5

Liberalisation in trade and industries.

Answer 6

prostitution.