Economic Growth Methods For Hong Kong And Singapore Essay examples

919 Words Nov 7th, 2016 4 Pages
Economic Growth Methods Being Used in Hong Kong and Singapore
Taquitta Moss
Macroeconomics

Abstract
Hong Kong and Singapore have distanced themselves from traditional culture based on the economy issues and have become more involved in industrialized concerns. To encourage growth and productivity in Hong Kong and Singapore, the World Bank has step in to help stabilized the economic issues. The World Bank is an important part of the financial and technical cooperation around the world that continue to help promote success in countries.

The way Hong Kong and Singapore have chosen to achieve their goals as newly industrializing economies is still a topic of many discussions throughout the world. Their shared economic fundamentals account for their achievements. Both of their governance has proved to be successful for transition to the newly industrialized status in economies in respectable sociopolitical contexts. It’s very difficult highlight differences among Hong Kong and Singapore; it should be noted the similarities they share. Both countries are still rapidly growing today, and there many ways they can continue to maintain their success throughout the global economy.
The World Bank is a vital source of financial and technical assistance to developing countries around the world. The task is to try to fight poverty with identifying the issues and creating results that last that help people help themselves and their environment by providing…

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