Economic miracle of Singapore

Singapore officially becomes the most comfortable country for business, showing to the whole world the model of economic expansion without natural resources. In Singapore there is no oil, gas or ore. Moreover this country does not even have the sand for building and drinking-water. All these things have to be imported. In spite of scarcity of resources, and minerals, this country at the end of a 20 age accomplished a swift economic breach, flying up from a world bottom in the first five of countries on the level of GDP. The main and unique tool of Singapore in the fight for own prosperity became particular conditions for making business. During the short interval of time a country destroyed all of obstacles on the way of technologies and capital.

art I. General principles of economic expansion…...........................................1
Transformation ………………………………………………………………..1
«Clean hands»…………………………………………………………………..2
Science to become rich………………………………………………………….3
Part II. Recent growth record………………...………...…………….………….4
Part III. Development strategy…………..………...…………………....………..6
3.1 Development experience……………………………………………………..
3.2 Branching off…………………………………………………………………
Part IV. International competitiveness…………………………………………
Part V. Monetary system ..................................................................................
Part VI. Fiscal policy…………………………………………………………….
6.1 Tax policy……………………………………………………………………
6.2 Expenditure policy…………………………………………………………..
Part VII. Medium term prospects……………………………………………..
Part VIII. Corruption......................................................................................
8.1 Punishment for corruption…………………………………………………..
Conclusion………………………………………………………………………..
References………………………………………………………………………….