Posted 4 May 2018
Singapore: On the path to prosperity

Singapore: On the path to prosperity

продолжительность: 1:58
Posted on 4 May 2018
Lee Kuan Yew managed to transform Singapore from a tiny island without any natural resources whatsoever into an economically prospering country. He successfully united the nation to reach what is often called an economic miracle: the combination of private and state capitalism. Lee made Singapore prospering, modern, effective and practically free of corruption – and it created a massive inflow of foreign investors into the country. In the meantime, a lot of people are skeptical about what happens in Singapore in terms of social aspects.
History, Economics
Recommended words
efficient -
to encourage -
essential -
to expand -
foreign trade -
an immigrant -
independent -
investment -
judicial -
a multinational -
to pass -
potentially -
punishment -
rarely -
recent -
relatively -
to remain -
a restriction -
separate -
world trade -