The main components of developmental policy in Singapore. Eliminate the incorrec
ID: 1102193 • Letter: T
Question
The main components of developmental policy in Singapore. Eliminate the incorrect answer
The highest electronics export per capita in the world
State firms produce 60 % of the GPD
Very high wages for efficient managers
Forced saving and high quality of bureaucracy
Why is the bureaucracy in Singapore not corrupt and efficient? Eliminate incorrect answer:
The mandatory jail sentence for corrupt bureaucrats
mandatory monetary fines for corrupt bureaucrats
The salary dependent on the GDP growth
The "descend from heaven" system of corporate boards
- Sharma is not skeptical but very optimistic about decentralization?
- Sharma is skeptical because of the costly decentralization of corruption?
- The book does addresses the issue of decentralization in Malaysia not Indonesia?
- The President will have more opportunity to appoint even larger pool of his cronies in the provinces?
Explanation / Answer
Answer 1.
State firms produce 60 % of the GPD
In the 1990s the economic development strategy emphasized both the manufacturing and service sectors. The Economic Development Board (EDB), formed in 1961, has guided Singapore's industrialization. Early emphasis was placed on promoting investment in manufacturing. The Strategic Economic Plan (SEP) announced in 1991 focused on education and human resources to enhance export competitiveness. Emphasis on developing the service sector has been supported and enhanced by the Operational Headquarters (OHQ) program, encouraging companies to use Singapore as regional headquarters or as a central distribution center. The Creative Business Program promotes investment in the film, media, and publishing, arts and entertainment, textile, fashion and design sectors. Currently the EDB works toward Singapore's vision of its future as a developed country through the promotion of business. Singapore's globalization strategy hinges on making a transformation from a production-driven economy to an innovation-driven one. Other key elements of this strategy are the reversal of downward trends in productivity, and sustaining foreign investment in Singapore's capital investment. Singapore initiated the formation of a growth-triangle, linking Johor, Malaysia, Singapore and Indonesia's Riau province focusing on Batam Island. Singapore benefits by tapping a supply of low-wage workers and offshore land to sustain its more labor-intensive industries.
Answer 2.
The mandatory jail sentence for corrupt bureaucrats
The government of Singapore plays the vital role in managing the society and developing the economy. Singapore is a public sector economy, where the government is the single player to invest in business and generate a very large employment. Like any other country, public administration in Singapore consists of the elected politicians and non-elected civil servant individuals in each ministry. Most of the development projects are carried out by public enterprises which are free from bureaucratic procedures. The Singaporean parliament delegates the sweeping power to these public enterprises authorized for a review, change, approval and the implementation of the development projects. It is noteworthy that a few Asian countries including Indo-Pak-Bangladesh sub-continent and its bureaucracy have been corrupted after these became independent from the British regime. Singaporean bureaucracy has not yet been privileged or is able to be corrupted because of its strong law and order and judiciary system. The parliamentarians and civil administration of Singapore resemble that of British model very strictly. The Singapore Government has been able to successfully adapt the British model to its Southeast Asian environment.
Answer 3.
Sharma is skeptical because of the costly decentralization of corruption
the International Crisis Group documents in a fascinating new report, in empowering local officials, devolution sometimes empowers the most regressive, corrupt, and undemocratic local politicians, who use their local influence to stymie national-level courts, regulations, and politicians who often are devoted to more constitutional, liberal applications of the law. ICG
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