This Is What Every Country Must Learn From Singapore

This Is What Every Country Must Learn From Singapore

Singapore is one of the greatest examples for a country that has made it from rags to riches. Post its divorce from Malaysia, Singapore has managed to make it more than big isn’t it?

Within 5 decades, Singapore has managed to become one of the biggest trade oriented economies with low tax rates, and third highest per-capita GDP in the world. Here’s what we can learn from them,
singapore

 

1. Need Cleanliness? Ban chewing gum.

singapore chewing gum ban

 

2. Need a good workforce? Create a world-class education system.

Singapore-education systemSource: mothership

3. Need land? Import sand from Indonesia and expand the shores.

Sand SingaporeSource: seagrasswatch

 

4. Need a good government? Grab the best talent out of high school.

singapore jobSource:

 

5. Need population growth? Be liberal on immigration.

Singapore Immigration

Source: rikvin

 

6. Need racial harmony? Start a national service to create social cohesion.

Singapore-1

 

7. Need babies? Give tax grants

Parents are eligible to claim the Parenthood Tax Rebate (PTR)* of $5,000 for their 1st child, $10,000 for the 2nd child, and $20,000 for the 3rd and each subsequent child.

children singapore

Source

They have become a developed country at the fastest rate possible. Don’t you think its time for us to learn some lessons from Singapore?