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Thus, it is very interesting to discover how Singapore contests in international competition despite its lacking of essential physical resources, area and labor supply in particularly, for manufacturing as well as agriculture.
The starting point of Singapore economy was from a base of abilities in entrepot trade, petroleum refining and seaport service. Subsequently, it progressed into export industrial products based on tremendously FDI expanding. Singapore industrial activities were feeble for a decade due to a little entrepreneurial know-how and novel technology spilled over from China and a weak structure of domestic entrepreneurship...
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Common topics in this essay:
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