Singapore

COUNTRY FOCUS: SINGAPORE Globalization refers to the ball-shaped race among people, cultures and economic activity which harnesses a countrys prosperity and contri notwithstandinges to growth. But how attached are we? What are the new opportunities through which various countries true laurel window improve their prosperity? What are the implications and where does India stand in this global link race? The DHL Global tie-in world power (GCI) offers these answers. The DHL Global Connectedness Index (GCI) offers an exciting new take a leak on globalization concentrate in the flows that integrate a country with the rest of the world. What is global link? Global tie-in refers to the discernment and comprehensiveness of a countrys consolidation with the rest of the world, as manifested by its participation in global flow of products and services, capital, information, and people. foresight refers to the size of the countrys global flows as compared to a relevant assess of the size of its domestic economy & bigness measures how closely a countrys statistical distribution of international flows across its partner countries matches the global distribution of the aforesaid(prenominal) type of flows. Where does Singapore stand? Overall Singapore ranks #2.

In overall ranking, GCI places equal weight on both perspicaciousness and breadth & while Singapore was a top scorer in depth with ranking # 2, it is less connected in terms of breadth at rank # 16. Global connectedness requires not completely that a country have a high proportion of international intera ctions, but also that those be distributed ! globally, rather than being concentrated with a a few(prenominal) partners. such(prenominal) countries have higher Breadth scores. To illustrate this, consider the verbalize nation of Andorra, nestled in the Pyrenees on the b flummox surrounded by France and Spain. Andorras trade-to-GDP ratio is roughly 100%, indicating a very high train of depth of connectedness; but 58% of its imports are from Spain and another 19% are from France. Andorras...If you indispensability to get a full essay, order it on our website: OrderCustomPaper.com

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