After early years of turbulence and despite lacking natural resources and a hinterland, the nation rapidly developed to become one of the Four Asian Tigers. The economy of Singapore is a highly developed mixed market economy with dirigiste characteristics.20212223 Singapore's economy has been consistently ranked as the most open in the world,24 the joint 4th-least corrupt,25 and the most pro-business.26...
Bookkeeping
The government also has encouraged firms to invest outside Singapore, with the country's total direct investments abroad reaching $39 billion Law Firm Accounts Receivable Management by the end of 1998. The People's Republic of China was the top destination, accounting for 14% of total overseas investments, followed by Malaysia (10%), Hong Kong (9%), Indonesia (8%) and US (4%). The rapidly growing...