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After Independence, the late founding Prime Minister of Singapore Lee Kuan Yew realized that the fastest way for Singapore to solve its unemployment problem and develop its economy was to bring in Foreign Direct Investors and Multinational Corporations.
This “dependency school” of economists argued that MNC’s continued the colonial pattern of exploitation that left the developing countries selling raw materials to and buying consumer goods from the advanced countries.
MNC’s controlled technology and consumer preferences and formed alliances with their host governments to exploit the people and keep them down.
For all intents and purposes, Singapore’s new de facto landmark is Marina Bay Sands. Marina Bay Sands is a premier venue for international conventions, bringing in lots of attendees from all over the world to attend such events, and turning these attendees into tourists who pump a lot of money into the Singapore economy.
Overall, Singapore wins because of Marina Bay Sands because Singapore now has a nice landmark that tourists and visitors associate with the country, lots of jobs were created and Singapore earns a great deal of money from its operations.
Anyway, Singapore had no natural resources for MNC’s to exploit.
All it had were hard-working people, good basic infrastructure, and a government that was determined to be honest and competent.another way of putting "every port, REPORT" is SEAMANLOLOKO, right?ooops...." In writing my new book Hoodwinked (Random House, Nov 2009 publication date), I recently visited Central America. The official story is -- "The High Frequency Active Auroral Research Program (HAARP) is an ionospheric research program jointly funded by the US Air Force, the US Navy, the University and the Defence Advanced Research Projects Agency (DARPA).Its purpose is to analyse the ionosphere ..."Over the last two decades, massive tracts of virgin tropical forests have come under exploitation, in all three under-developed regions. The French government recommended on Friday that tens of thousands of women in France seek removal of breast implants made of a suspect silicone gel by a firm that exported worldwide. In Saudi Arabia, Sharia court sentenced a woman accused of engaging in witchcraft to beheading by a sword.Las Vegas Sands Corporation took the risk of spending all the money to make this impressive mega-structure.Tags: Adult Dating, affair dating, sex dating