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Singapore Country Analysis

3564 words - 15 pages

Singapore – Country Analysis

Vineet Khattar; Group Work


Country Background: .......................................................................................................................... 3 Cultural Aspects of Singapore: ............................................................................................................ 3 Political context................................................................................................................................... 3 Economic policies of Singapore .......................................................................................................... 4 Institutional Framework ...view middle of the document...

It is an island country made up of 63 islands, separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the Singapore Strait to its south. The country is highly urbanised with very little primary rainforest remaining, although more land is being created for development through land reclamation. In terms of purchasing power parity, Singapore has the third highest per capita income in the world. There are slightly over 5 million people in Singapore, of which 2.91 million were born locally. The population is also highly diverse. One of the five founding members of the Association of South East Asian Nations, the country is also the host of the APEC Secretariat, and a member of the East Asia Summit, the Non-Aligned Movement, and the Commonwealth. Cultural Aspects of Singapore: Singapore is a very diverse and young country. It has many languages, cultures and religions for a country of its size. Due to the many different languages and cultures in the country, there is no single set of culturally acceptable behaviours. Singapore, as a country, in general is conservative socially, but some liberalisation has occurred. At the national level, meritocracy is heavily emphasised. Racial and religious harmony is regarded by the government as a crucial part of Singapore's success and played a part in building a Singaporean identity. Singapore has a reputation as a nanny state. Some of the key features of Singaporean culture are: Kiasu – The Singaporean concept of ‘kiasu’ literally means ‘fear of losing’ and is often used to describe the social attitude of Singaporean people. The concept refers to Singaporeans’ desire to always want to be the best, come first and never lose out. Concept of Face – An important value in Singaporean culture is that of saving and maintaining ‘face’. To avoid losing face, Singaporeans control their behaviour and emotions in public, do not confront or criticise other people openly and employ an indirect communication style. Diversity – With a diverse population of Chinese, Malay and Indians as well as guest workers, Singapore values the diversity of its people and stresses the importance of accepting differences. Hierarchy - Status and hierarchy are important in Singaporean business culture where companies have a top-down structure. Decisions are nearly always taken by the senior management and subordinates avoid questioning or criticising their superiors. Political context Singapore is governed by a parliamentary system consisting of 84 elected members. Members of parliament are voted into office in general elections every five years. Singaporean politics have been dominated by the People's Action Party (PAP) since the 1959 general election when Lee Kuan Yew became Singapore's first Prime Minister. The PAP has been in government and won every General Election since then. Foreign political analysts and several opposition parties including the Workers' Party of Singapore and the Singapore...

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