Singapore's Trade in Services Case Solution
Taking place between 1990 and 1965, Singapore attained a remarkable rate of growth, mainly by opening its market to foreign investment and by providing a full range of infrastructural and business services to these investors. By the year 1990, however, the isle is running out of room for expansion. The EDB crafts an ambitious strategy of regionalization to keep the economy expanding at its accustomed pace.
Under this strategy, Singapore plans to export its service market, by creating a string of overseas enclaves to reproduce the business environment that can no longer expand in Singapore. In these enclaves, designed to rim the Southeast Asian area, foreign investors could enjoy the complete range of services they'd come to enjoy in Singapore. And, by supplying a complete range of infrastructural services, administrative, and business to investors in these parks, Singapore would become the ultimate service market.
PUBLICATION DATE: March 11, 1996
This is just an excerpt. This case is about GLOBAL BUSINESS