Singapore: Economy and Politics

Singapore politics and economy has to be seen in the perspective of Singapore society, Asian region and the larger global economy. In the 19th century Singapore witnessed migrations from different parts of the world thereby led to the formation of a multi-cultural society. Further the expulsion of Singapore from the unification with Malaysia has had effect on Singapore politics and economy.

Singapore in history had enjoyed a unique and important position thereby paving the way for it to become a center for entrepot trade. Due to the changing scenario now Singapore has evolved to become an economy that counts banking, financial services and value added services as its strength. The industry is dominated electronics, petroleum refining, petrochemicals, machinery, shipbuilding and ship repair.

As regards the politics in Singapore one party - People's Action Party has dominated after 1965. There have been allegations against the govt. of being authoritarian where the opposition is tolerated very little. The other parties include the Workers Party of Singapore, Singapore Democratic Party and Singapore Democratic alliance. The Parliament of Singapore derives its roots from the parliamentary system of United Kingdom. There are 84 members in the parliament who are elected on a plurality-voting basis and represent either single member constituencies or the group member constituencies.

In the ever-changing global scenario with globalization expanding fast the economic planners foresee greater role in the service and manufacture sector.

One finds that politics and economy of Singapore are complimenting each other and singaproe is also considered a corruption free society where the prices are stable and the has one of the highest per capita GDP in the world.

Hotels in Singapore
Sheraton Towers Hotel	Marina Mandarin Hotel
Hilton Hotel	Swissotel Stamford Hotel
Goodwood Park Hotel	Orchard Parade Hotel