I am in Singapore for the first time. A wealthy country that is a paradox. The world´s most globalised economy, the country where it is easiest to do business, with an economy that is less corrupt than Sweden´s and Switzerland´s. And yet, it´s an undemocratic country with government control of the courts and the media, where opposition figures are bankrupted by absurd legal processes. That paradox in itself makes it worth studying."Singapore's Strength":
The government is very intrusive in Singapore. But it has avoided several important areas of the economy, like the labour market. A salesman of Swedish design here told us that his biggest mistake when he started his business here was that he was stuck in a Swedish mentality, and still thought that the most dangerous thing imaginable was to hire someone - with all the risks and costs it results in."By the way:":
In 2011 Singapore´s GDP per capita (PPP) will be higher than Sweden´s, if present trends continue.
terça-feira, novembro 21, 2006
O modelo sueco?
Johann Norberg em Singapura: