Singapore would highlight its success and economic development as its legacy in the time capsule. It has become one of the wealthiest countries in the world despite limitations of space and lack of natural resources. Singapore transformed from a small trading post to a major economic hub through strategic policies that attracted global businesses and capital. It is now a world leader in various economic indicators like GDP per capita and ease of doing business.
4.18.24 Movement Legacies, Reflection, and Review.pptx
IE MBA Application-Essay K: Legacy of singapore
1. Question
K:
If
all
of
the
world´s
cultural
heritage
(sports,
music,
fashion,
architecture,
literature,
painting,
etc..)
was
contained
in
a
time
capsule,
what
would
you
include
to
demonstrate
the
legacy
of
your
country?
Aar$
Sharma
2.
The
prominent
aspect
of
Singapore
that
I
would
highlight
as
it’s
legacy
is
it’s…
Success!
3. History
of
Singapore
Lets
take
a
brief
look
at
history
of
Singapore…
• Singapore
is
a
South-‐east
Asian
city
state.
• It
lies
in
between
Malaysia
and
Indonesia.
• It
consists
of
one
large
island
and
around
60
islets.
• Singapore
was
founded
as
a
trading
post
of
the
East
India
Company
by
Sir
Stamford
Raffles
in
1819.
• In
1824,
the
en$re
state
became
a
Bri$sh
possession
transferred
to
East
India
Company.
• It
became
internally
self-‐governing
in
1959.
• It
gained
independence
from
Bri$sh
on
August
31,
1963.
• There
was
a
merger
with
Malaysia
on
September
16,
1963.
• Singapore
separated
from
Malaysia
on
August
09,
1965.
4. History
of
Singapore
• Singapore
is
one
of
the
smallest
countries
in
the
world(it
is
the
2nd
smallest
country
in
Asia!)
with
an
area
of
around
714
square
kilometers…it
is
slightly
more
than
3.5
$mes
the
size
of
Washington
DC.
• Singapore
was
not
expected
to
succeed
because
the
country
has
always
been
challenged
with
several
big
limita$ons:
• Space
• Lack
of
natural
resources
• Popula$on
of
immigrants
with
li]le
shared
history
• Despite
this
challenges,
we
have
grown
to
be
a
successful
and
relevant
country
in
the
world
in
just
over
50
years
because
we
truly
make
use
of
what
we
had-‐its
strategic
loca$on
in
Asia
and
the
people
of
the
country.
5. Singapore’s
Success
• Singapore’s
success
can
be
measured
in
several
methods
-‐both
in
tangible
and
intangible
ways.
• Singapore
has
one
of
the
world’s
highest
GDP
per
capita.
It
is
one
of
the
wealthiest
countries
in
Asia.
• It
went
from
a
GDP
of
$500
to
$56,000*
in
the
50
years
since
independence
making
it
one
of
the
wealthiest
countries
in
the
world.
• Singapore
is
home
to
more
$US
millionaires
than
any
other
country
*Sources:
h,p://www.singstat.gov.sg/sta7s7cs/browse-‐by-‐theme/na7onal-‐accounts.
Current
prices
as
of
Feb
2015.
6. Singapore
is
the
world’s
4th
leading
Financial
Centre.
The
Port
of
Singapore
is
one
of
busiest
in
the
world.
• Singapore
grew
to
become
one
of
the
eminent
centres
in
the
world
for
many
industries.
• This
was
due
to
the
government’s
business
friendly
policies
and
its
strategic
loca$on
in
both
South
East
Asia
and
in
Asia.
Singapore
is
an
oil
hub
in
Asia
and
is
one
of
the
world’s
top
three
export
refining
centres.
7. • Singapore
has
a]racted
thousands
of
mul$na$onal
corpora$ons
,
many
of
which
have
chosen
Singapore
as
their
Asia
Pacific
headquarters.
• Singapore
embraced
global
firms
as
indispensable
sources
of
training,
technology
and
jobs,
and
has
become
a
site
of
choice
for
top
firms
serving
Asian
markets.
Accolades
• Singapore
has
consistently
ranked
number
1
in
the
world
by
the
World
Bank
for
ease
of
doing
business.
• Singapore
has
the
most
conducive
environment
for
business
as
compared
to
the
rest
of
its
neighbours
–
and
the
world.
Singapore
is
ranked
4th
in
the
world
and
1st
in
Asia
as
the
least
bureaucra$c
place
for
doing
business.
• Singapore
is
among
the
top
2
most
compe$$ve
countries
in
the
world.
• Singapore
is
ranked
first
in
the
world
as
the
city
with
the
best
investment
poten$al.
• Singapore
is
among
the
top
2
in
the
world
for
foreign
trade
and
investment.
• Singapore
is
the
world’s
most
transparent
country.
• Singapore
is
ranked
5th
in
the
world
and
1st
in
Asia
for
having
the
least
corrup$on
in
its
economy.
• Singapore
is
ranked
2nd
in
the
world
and
1st
in
Asia
for
having
the
best
protec$on
of
intellectual
property.
8. Lack
of
resources
paved
the
way
for
self-‐reliance
• Lack
of
natural
resources
did
not
stop
Singapore
from
being
self-‐
reliant
but
instead
became
a
driver
to
be
independent.
• For
example,
Singapore
imports
water
from
Malaysia
but
is
on
track
to
be
self
sufficient
before
the
water
agreement
contract
with
Malaysia
expires
in
2062.
It
will
generate
water
through
recycling
of
rain
water
and
other
water
sources
and
this
has
spawned
a
world
class
water
industry
in
Singapore,
thus
conver$ng
a
vulnerability
into
a
strength.
• Another
example
is
Singapore's
electricity
which
is
dependent
almost
totally
on
natural
gas
imported
via
pipelines
from
Malaysia
and
Indonesia.
Singapore
built
a
LNG
Terminal
to
enable
it
to
import
LNG
from
almost
anywhere
in
the
world
to
act
as
backup
supply
of
the
imported
natural
gas.
The
LNG
Terminal
is
also
being
used
as
the
plaiorm
for
an
LNG
trading
hub
for
the
region,
again
transforming
a
vulnerability
into
an
opportunity.
9. Standard
of
Living
• Singapore’s
success
is
not
at
the
cost
of
its
environment
or
lifestyles
of
its
habitants.
• Singapore
is
both
a
digital
and
green
country-‐a
feat
not
easily
achievable.
• Singapore
is
the
greenest
city
in
Asia,
its
green
cover
stands
at
47%
of
its
area.
In
fact
it
is
known
as
“Garden
City”!
10. • It’s
Changi
Airport
is
consistently
rated
and
ranked
amongst
one
the
world’s
best
and
most
efficient
airports
• It
runs
one
of
the
world’s
best
airlines
Source:
World
Airport
Awards,
World
Airline
Awards
by
Skytrax
• Despite
the
high
tech
progress
and
civiliza$on
of
Singapore,
the
country
does
its
best
to
protect
its
indigenous
wildlife.
• 30
per
cent
of
the
island's
territory
are
nature
reserves,
and
the
world's
biggest
orchid
park
finds
its
home
in
Singapore.
Only
in
the
city
park
are
there
more
species
of
trees
than
in
the
whole
of
North
America.
11. • In
terms
of
gender
equality,
Singapore
is
one
of
the
first
na$ons
to
actually
achieve
gender
equality.
Women
have
a
huge
say
in
every
sector
of
the
economy,
and
they
occupy
high
managerial
posi$ons.
The
so
called
"glass
ceiling”
does
not
really
exist
in
Singapore.
• Singapore
passport
allows
its
ci$zens
to
travel
to
almost
any
country
in
the
world(163
countries)
without
a
Visa.
• Singapore
is
one
of
the
happiest
countries
both
in
Asia
and
the
world.
• Singapore
is
one
of
the
safest
countries
and
ci$es
in
the
world.
• Singapore
is
also
one
of
the
most
peaceful
countries
in
the
world.
• Singapore
has
been
named
No.
1
in
the
world's
most
comprehensive
educa$on
rankings.
• Singapore
has
the
best
medicine
and
public
healthcare
in
Asia.
12.
The
success
of
Singapore
is
due
to
its
greatest
resource….the
people
and
the
mul$racialism
of
the
people
13. Education
• Singapore
is
primarily
a
knowledge
and
service
based
economy
where
one
can
find
the
brightest
people
with
the
right
skill
set.
• We
have
a
literacy
rate
of
97%.
• Most
locals
below
the
age
of
40
speaks
English
due
to
our
educa$on
system.
• Singaporean
educa$on
is
highly
qualita$ve
and
affordable,
and
combines
several
types
–
those
of
Asia,
America
and
Europe.
• Majority
of
Singapore’s
schoolchildren
receive
an
ethnically
integrated
and
na$onally
standardized
English-‐medium
educa$on.
• Meritocracy
is
a
central
poli$cal
concept
in
Singapore
and
is
also
one
of
the
messages
in
Na$onal
Educa$on
which
means
equal
opportunity
for
all,
according
to
their
ability
and
effort.
14. • Singapore
is
known
as
a
place
where
different
ethnic
groups
live
together
and
that
too
with
peace
and
without
strife.
• Much
of
the
credit
for
this
must
go
to
the
Singapore
Government’s
posi$ve
espousal
of
a
morality
based
on
‘Mul$racialism’.
• Mul,racialism
is
a
concept
or
ideology
that
promotes
a
society
composed
of
various
races,
while
accep$ng
and
respec$ng
different
cultural
backgrounds.
It
is
a
society
that
consists
of
a
diverse
mix
of
people,
whether
it
be
rela$ve
to
their
ethnicity,
language,
culture,
religion,
or
tradi$ons.
• Singapore
does
not
have
any
indigenous
popula$on
but
it
was
made
up
of
a
popula$on
of
immigrants
from
India,
China,
Malaya
with
li]le
shared
history.
Culture
of
Singapore-‐Multiracial
15. • The
culture
of
Singapore
is
a
amalgama$on
of
Asian
and
European
cultures,
influenced
heavily
by
Bri$sh,
Dutch,
Portuguese,
Malay,
South
Asian,
East
Asian
and
Australian
cultures.
• Singapore
Culture
does
not
refer
to
a
new
blend
or
novelty
but
refers
simply
to
an
agglomerate
formed
of
the
separate
Chinese,
Malay,
Indian,
and
European
cultural
tradi$ons.
• In
Singapore,
our
culture
is
known
as
“rojak”-‐a
local
salad
which
is
a
mixture
of
different
kind
of
fruits,
vegetables,
nuts.
16. • Singapore
has
a
diverse
populace
of
nearly
5.5
million1
people
which
is
made
up
of
Chinese,
Malays,
Indians,
Caucasians
and
Eurasians
(plus
other
mixed
groups)
and
Asians
of
different
origins.
• In
addi$on,
42%
of
Singapore's
populace
are
foreigners2,
which
makes
it
the
country
with
the
sixth
highest
propor$on
of
foreigners
worldwide.
Popula7on
structure
of
Singapore3
Source:
1,2,3-‐
h,p://www.singstat.gov.sg/docs/default-‐source/default-‐document-‐library/publica7ons/publica7ons_and_papers/
popula7on_and_popula7on_structure/popula7on2014.pdf
17. • Singapore
is
the
world’s
most
religiously
diverse
na$on1
Source:
1-‐Study
done
by
Pew
Research
Centre.
Singapore
scored
the
highest
on
the
Religious
diversity
index
18. • About
a
third
of
Singapore’s
popula$on
is
Buddhist
(34%),
while
18%
are
Chris$an,
16%
are
religiously
unaffiliated,
14%
are
Muslim,
5%
are
Hindu
and
<1%
are
Jewish.
The
remainder
of
the
popula$on
belongs
to
folk
or
tradi$onal
religions
(2%)
or
to
other
religions
considered
as
a
group
(10%).
• Religion
is
s$ll
an
integral
part
of
cosmopolitan
Singapore
and
people
have
the
absolute
freedom
to
prac$ce
their
religion
and
respec$ng
one
another’s
religion
is
a
cornerstone
of
the
Singaporean
culture.
Buddhism,
33.30%
Not
Religious,
17%
Islam,
14.70%
Protestan$sm,
11.30%
Taoism,
10.90%
Catholicism,
7.10%
Hinduism,
5.10%
Other
Religions,
0.70%
19. We
study
in
ethnically
integrated
schools
• Mul$racialism
is
embedded
in
all
aspects
of
our
lives
in
Singapore
and
not
just
seen
in
the
diversity
of
people.
We
live
in
ethnically
diverse
neighbourhoods
We
have
absolute
freedom
to
celebrate
all
the
different
fes$vals
be
it
Chinese
New
Year,
Buddhist
Vesak
Day,
Muslim
Eid
ul-‐Fitr,
Hindu
Diwali
or
Christmas
Day
and
Good
Friday.
Singaporean
cuisine
is
also
a
prime
example
of
diversity
and
cultural
diffusion
in
Singapore.
Over$me
we
have
embedded
aspects
of
different
cultures
and
have
developed
our
own
unique
dishes
which
cannot
be
found
anywhere
else.
20. • Singapore
has
come
a
long
way
since
independence
50
years
ago
despite
the
limita$ons
it
faced.
• Its
one
of
the
greatest
success
stories
not
only
because
of
its
economic
and
non-‐economic
gains
but
also
because
it
has
taught
the
world
that
peace
and
prosperity
can
exist
amongst
people
from
different
racial
and
cultural
backgrounds.
• Singapore’s
story
will
go
down
in
history
as
one
of
paramount
importance
because
it
was
guided
by
one
overarching
mentality-‐meritocracy.
Equal
opportuni$es
for
all
regardless
race,
religion
or
creed.
• It
can
teach
the
world
especially
the
one
we
live
in
today
where
in
many
places
we
see
strife
because
of
race
and
religion.
• The
people
of
Singapore
who
belong
to
different
races
and
religion,
our
ability
to
embrace
one
another
has
made
us
what
we
are
today
and
this
is
our
legacy…..