The incarceration rates of Norway‚ Australia‚ and Singapore can are much lower compared to the United States. In Norway the murder rate is less than half of that in Australia and robbery rate is significantly lower as well. The rates of all of the three first world countries i researched were surprising to me. I think they are surprising to me because Singapore have a very very low crime rate‚ and i would believe that is because they have very strict rules there compared to other places such as Australia
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Table of contents TABLE OF CONTENTS 1 1 Introduction 1 2 Literature review 2 3 Methodology 3 3.1 Inflation and Unemployment rates in Singapore 3 3.2 Data 4 3.3 Estimation 4 4 Regression resultS and data analysis 5 4.1 ADF Test Results 5 4.2 Co-integration test and Long-run model 5 4.3 The Error Correction Model 6 4.4 Diagnostic Tests for ECM model 7 5 Policy Implications 8 6 Conclusion 9 7 Bibliography 10 Introduction Inflation and unemployment are two major
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of immigrant workers and its impact on Singapore Globalisation describes the increased flow of goods‚ services‚ capital‚ labour‚ technology‚ ideas and information across national boundaries. Local‚ national‚ regional and global elements are connected‚ resulting in a cross-influencing and an inter-dependent world. I will be focusing on the aspect of the flow of labour‚ and exploring the impact it has made on Singapore. In light of globalisation‚ Singapore has received an influx of immigrant workers
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Being a land-scarce country of 714.3 square kilometres and having a population density of 7‚257 per square kilometer (Singapore Department of Statistics‚ 2012)‚ every hectare of land in Singapore is extremely important to us. Over the years‚ widespread urbanisation has led to about 90.2% of our land area being developed (Tan‚ 2006)‚ exhausting much of our natural heritage in the process. Due to the limited amount of land‚ our natural heritage is insufficient to provide us with much economical
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expenses? The ageing population in Singapore is growing at an alarming trend. We currently have more than 450‚000 people aged 65 and above as of Augus 2011. By 2025‚ 14 years from now‚ the ratio of those aged 65 and above will be more than 20% of our population. Singapore Ratios of elderly to children 2025 By 2050‚ those aged 65 and above will be almost 30%. Compared to the number of young less than 15. We will see more elderly than kids anywhere we go. Singapore Ratio of elderly to children in
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Introduction Background Of Foreign Labour in Singapore Since the day Singapore gained independence‚ the growth of the economy had been advancing tremendous over the past four decades. The influx of foreign labour has been playing an important role towards the Singapore economy. Even up to today‚ Singapore‚ itself with scarce resources‚ could only rely on human resource to sustain the economy growth. With a tightening labour market and a low unemployment rate‚ this gradual increase in foreign
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2007 was strong economic growth for the global economy. This was due to tight global refining capacity and continued strong demand for energy to fuel economic growth especially from China‚ India‚ the Middle East and Russia. Singapore Petroleum Co Ltd (SPC) is a Singapore-based company. The principal activities of the Company consist of exploring‚ developing and producing oil and gas‚ petroleum refining‚ marketing‚ distribution and trading of crude oil and petroleum products and the provision of
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culture. Singapore was an important trading center and port as early as the seventh century. By the fourteenth century Chinese immigrants had established a small community on the island‚ and the name Singapura‚ a word of Sanskrit origin meaning Lion City‚ was in common use. After Portugal wrested control of the region from Malaccan and Malay rulers in the sixteenth and early seventeenth centuries‚ Singapore fell into obscurity. Modern Singapore dated from the discovery
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Singapore Withholding Tax Withholding Tax is a form of levy placed on payments made to non-resident tax entities including employees‚ business partners and overseas agents. In accordance with IRAS tax rules‚ a person has a legal obligation to withhold a percentage of the payment‚ when he makes payments of a specified nature under the Singapore Income Tax Act‚ to a non-resident‚ and hence the Withholding Tax. What is Singapore Withholding Tax? For tax purposes in Singapore‚ Inland Revenue Authority
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After Independence in 1965‚ the population of the country was growing at a rate that would seriously threaten the success of Singapore. The Government introduced the "Stop at two" policy to help control the rapid population growth. It was introduced in 1969. The policy had a very successful response; in fact‚ it was so successful that the population started to decline. Couples saw the benefits in having a smaller family‚ such as more money‚ higher quality of life and cars. The population increase
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