类别 全部 - exports - progress - poverty - economy

作者:Amelia Dávila 3 年以前

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Social and economic impacts of globalization in Singapur

The multifaceted impact of globalization on Singapore is evident in both social and economic spheres. Socially, the nation faces challenges such as increased poverty, chronic diseases, and environmental pollution, alongside issues like child labor and urban overpopulation.

Social and economic impacts of globalization in Singapur

Social and economic impacts of globalization in Singapur

Economic impacts

Singapore's economy is driven primarily by exports of machinery and electronics manufacturing.
consistently positive surplus
high government revenue
without external debt
Today, Singapore's economy is one of the most stable in the world.
Singapore, a major financial center in the Asia Pacific region, has long earned a reputation as one of the most advanced economies in the world.
A tight monetary policy
a lagging construction sector
Vulnerable to the structural slowdown of the Chinese economy and U.S.-China geopolitical tensions.
Limited freedom of speech.
Skilled labor and housing shortages, aging population.
Dependent on exports and imports (energy and food)

Social impacts

Positive impacts
Excellent public services
More progress in the country
More knowledge of the country
All people can have the same resources
Sustainable country economy
More work
Negative impacts
Much abuse in child labor
Increasing poverty rate
Chronic diseases
Environmental pollution
Risks of poor
More poblation