General conditions in Singapore (1995-2015)

Abstract

Capital management in Singapore has become important to the government to achieve economic growth. Singapore has achieved qualitative leaps in the modern industrial, commercial and financial fields, which has been reflected in the progress and rise of its development indicators significantly through the rise in foreign trade indicators and the increased rule of foreign investments. Singapore emphasized the Paying attention to the educational and social aspects for the sake of economic development through the development of technology with science and the need for manpower in industry, agriculture and trade, the development of various technical and technological sectors and the spread of Internet services. The Singapore government was able to develop the educational and health sectors, and among its interests is the elimination of poverty and unemployment, and it was able to eliminate Due to the economic crises that Southeast Asia went through, as well as attracting foreign investments, Singapore became one of the first world countries after it had been a third world country.

Education contributes to developing the level of the local economy, expanding its governance, providing it with advanced means and tools of production, innovating new goods, expanding labor markets, and creating new job opportunities. The education system contributes to the formation of competencies and expertise that work to build the country's economy. Singapore has realized that it is necessary to pay attention to the social aspect and to pay attention to it in order to develop the economic aspect. Human development represents a set of mechanisms and means that stimulate the individual to be productive, which will enable him to achieve the greatest possible degree of well-being and self-sufficiency in all aspects of his personal life. Because the human element can constitute a productive element, just like land and capital, if it is invested correctly and works through new policies and strategies with a future vision aimed at developing the educational and health sectors and eliminating poverty and unemployment in Singapore.