Singapore consistently ranks high among 'most attractive countries for international business' and has achieved a per capita GDP level comparable to levels of developed western nations. Though the ...economy was affected by Asian financial crisis, the country's sound macroeconomic fundamentals, as well as the government's efforts to cut business costs, resulted in economic rebound in 1999 and 2000. However, from 2001 to 2003, the economy was hard hit again by the global recession as well as by the slump in the technology sector. The outbreak of SARS in 2003 further slammed the economy by substantially reducing tourism and consumer spending. Since mid-2003, Singapore's economy has recovered rapidly due to a favorable external environment, supportive macroeconomic policies, and continued structural reforms. While near-term prospects are favorable, sustaining robust growth over the medium term will require the country to meet the rising challenges from low-cost regional economies. Against this context, this article attempts to analyze the growth prospects of Singapore economy in the present era of globalization, competition and multilateral trade agreements. Section one attempt to analyze competition from India China and Malaysia and the recent strategies adopted by Singapore to address the challenge. Section two examines the current economic overview of Singapore. Section three evaluates the priority areas of Singapore –investment in education, R&D, addressing ageing problem, rowing high trust services legal services, financial services, maritime and aviation, IT Connectivity and energy hub, increase in international trade and branding Singapore as a global city.
In the era of multiplying and escalating risks, both at national and international level, security of individual –popularly known as human security- from pervasive threats and fears become an area of ...intellectual discourse and policy debate. This is especially significant after the end of cold war, emergence of multi-polarity and proliferation of global terrorism. However, there is no established concept of human security in mainstream social science debates across the world. In the absence of a theory of human security, there exist few quantitative indicators and hence few data base on human security. More recently political theorists tried to develop a concept of human security based on the concept of human development and human rights. Yet, social science theory has not yet come forward with a comprehensive view of what exactly constitute human security. The matter is further complicated by the process of globalization and the high social costs associated with it. Against this context, this article attempts to analyze the concept of human security and its implication in a global context threatened by multiple forces of fear and insecurity. Introductory section gives historical background of human security and its recent interpretations through institutional interventions. The institutional mechanisms include UNDP report of 1994, International Commission on intervention and state sovereignty etc. Section two analyzes theoretical contributions of Amartya Sen, Emma Rothschild, Thomas, King and Murray, Kanti Bajpai, Hampton, and Leaning in popularizing the concept of human security. Section three defines human security from different dimensions and highlights the relevance of broader and inclusive concept of human security in the post cold war era. Section four analyzes positive and negative approaches towards human security in application level. Positive human security is analyzed on the basis of initiatives of Canada, Norway and Japan towards Human Security centric governance and its impact on economic and social security. Negative Approach is evaluated in the context of USA and EU policy in Middle East and other countries.
The spectacular growth of economies in Asia over the past few years has amazed the economics profession and has evoked a torrent of books and articles attempting to explain the phenomenon. Since 1960 ...Asia, the largest and most populous of the continents has become richer faster than any other region of the world. Asian growth, like that of the Soviet Union in its high-growth era, seems to be driven by extraordinary growth in inputs like labor and capital rather than by gains in efficiency. Of course, this growth has not occurred at the same pace all over the continent. The eastern countries turned in a superior performance, although variations in achievement can be observed here too. This impressive achievement is, however, still modest compared with the phenomenal growth of Developed countries in the west. Strong Total Factor Productivity TFP rapid accumulation of physical and Human Capital and trade policy coupled with effective policy intervention played vital role in Asia’s spectacular success. Naturally, sustainable growth performance and elimination of poverty demand greater role of institutional reforms industrial development and macro economic stability.
In social development and health sector, India's performance is still lagging behind many Sub-Saharan African countries. There are also disparities between the urban and rural sectors and between ...privileged upper class and the socially disadvantaged groups. Widespread illiteracy, avoidable morbidity, premature mortality and deep-seated inequality of opportunity are still prevailing in India. India's achievements in dealing with life expectancy, elementary education, nutritional well being, protection from illness, social security and consumption levels has been substantially and systematically out passed by many other developing countries. Compared to other countries, social sector expenditure is negligible in India, especially when compared it with UNDP recommended ratio. In the case of Indian state we can see that accelerated growth rate does not to have led to a corresponding change in living condition of rural poor. Here lies the importance of participatory mode of approach. The provision of social security cannot rely exclusively either on market forces or on the state initiative. There is an urgent need for participation in the distribution of social security measure. The move towards participatory growth calls for an integrated view of the process of economic expansion. The UN has defined community participation as 'the creation of opportunity to enable all members of a community and the larger society to actively contribute to and influence the development process to share equitable the fruits of development'. This participatory mode of development views village community as the site for intervention. In this process it has to mediate through agencies working at that level. This is most commonly done through NGOs. In this broader context of Indian state's commitment to liberalization, present paper attempts to study the participatory intervention of NGO in community health. For a detailed study, success story of AWARE - NGO working among the marginalized people in rural Andhra Pradesh is selected. The paper does not project NGO as viable alternative to fill the space vacated by state. But it only tries to establish that the objective of "Health for All" can be achieved only through community participation. The present paper is divided into 4 parts. The first part briefly outlines health sector performance and trends during the post reform era and its outcomes. The second part analyses the status of health sector in Andhra Pradesh, major indicators and initiatives. The third part in detail discusses the sustainable strategy of AWARE and its impact on health sector in rural Andhra. The final part contains major findings and concluding remarks.
Singapore consistently ranks high among 'most attractive countries for international business' and has achieved a per capita GDP level comparable to levels of developed western nations. Though the ...economy was affected by Asian financial crisis, the country's sound macroeconomic fundamentals, as well as the government's efforts to cut business costs, resulted in economic rebound in 1999 and 2000. However, from 2001 to 2003, the economy was hard hit again by the global recession as well as by the slump in the technology sector. The outbreak of SARS in 2003 further slammed the economy by substantially reducing tourism and consumer spending. Since mid-2003, Singapore's economy has recovered rapidly due to a favorable external environment, supportive macroeconomic policies, and continued structural reforms. While near-term prospects are favorable, sustaining robust growth over the medium term will require the country to meet the rising challenges from low-cost regional economies. Against this context, this article attempts to analyze the growth prospects of Singapore economy in the present era of globalization, competition and multilateral trade agreements. Section one attempt to analyze competition from India China and Malaysia and the recent strategies adopted by Singapore to address the challenge. Section two examines the current economic overview of Singapore. Section three evaluates the priority areas of Singapore -investment in education, R&D, addressing ageing problem, rowing high trust services legal services, financial services, maritime and aviation, IT Connectivity and energy hub, increase in international trade and branding Singapore as a global city.
The spectacular growth of economies in Asia over the past few years has amazed the economics profession and has evoked a torrent of books and articles attempting to explain the phenomenon. Since 1960 ...Asia, the largest and most populous of the continents has become richer faster than any other region of the world. Asian growth, like that of the Soviet Union in its high-growth era, seems to be driven by extraordinary growth in inputs like labor and capital rather than by gains in efficiency. Of course, this growth has not occurred at the same pace all over the continent. The eastern countries turned in a superior performance, although variations in achievement can be observed here too. This impressive achievement is, however, still modest compared with the phenomenal growth of Developed countries in the west. Strong Total Factor Productivity TFP rapid accumulation of physical and Human Capital and trade policy coupled with effective policy intervention played vital role in Asia's spectacular success. Naturally, sustainable growth performance and elimination of poverty demand greater role of institutional reforms industrial development and macro economic stability.
In the era of multiplying and escalating risks, both at national and international level, security of individual -popularly known as human security- from pervasive threats and fears become an area of ...intellectual discourse and policy debate. This is especially significant after the end of cold war, emergence of multi-polarity and proliferation of global terrorism. However, there is no established concept of human security in mainstream social science debates across the world. In the absence of a theory of human security, there exist few quantitative indicators and hence few data base on human security. More recently political theorists tried to develop a concept of human security based on the concept of human development and human rights. Yet, social science theory has not yet come forward with a comprehensive view of what exactly constitute human security. The matter is further complicated by the process of globalization and the high social costs associated with it. Against this context, this article attempts to analyze the concept of human security and its implication in a global context threatened by multiple forces of fear and insecurity. Introductory section gives historical background of human security and its recent interpretations through institutional interventions. The institutional mechanisms include UNDP report of 1994, International Commission on intervention and state sovereignty etc. Section two analyzes theoretical contributions of Amartya Sen, Emma Rothschild, Thomas, King and Murray, Kanti Bajpai, Hampton, and Leaning in popularizing the concept of human security. Section three defines human security from different dimensions and highlights the relevance of broader and inclusive concept of human security in the post cold war era. Section four analyzes positive and negative approaches towards human security in application level. Positive human security is analyzed on the basis of initiatives of Canada, Norway and Japan towards Human Security centric governance and its impact on economic and social security. Negative Approach is evaluated in the context of USA and EU policy in Middle East and other countries.
Although Singapore inherited the same British model of governance as other Commonwealth states, its governing system has become widely known for efficiency and competence, especially in terms of its ...role in generating an "economic miracle." Economic growth has remained consistently high--at an average annual rate of 9.8 percent in the 1970s and 8.2 percent in the 1980s. Between 1988 and 1997, its Gross Domestic Product or GDP increased more than 2.5 times; between 1993 and 1997, it continued to rank very high in terms of its business-friendly environment; and by 1994, its per capita GDP (US$20,000) surpassed that of Australia, Canada, and the UK. These state-led economic achievements make Singapore a good case for studying contemporary reforms in governance based on the principle of the rolling back of the state's economic management. While most countries have adopted the above mentioned business oriented governance reforms due to the alleged inefficiency and mismanagement of the public sector, the Singapore government has introduced such reforms despite its efficient and well-managed public sector. Moreover, although many developing countries with heavy external debt have adopted privatization and deregulation, liberalized trade and investment, and restructured their state bureaucracy according to the principles of the "New Public Management" (NPM), often in response to conditions imposed by international aid agencies, Singapore is virtually free from external debt and thus free from such direct external pressure to adopt these reforms.Against this context this article tries to explain the role of governance and leadership in administration which fostered economic growth in Singapore. Singapore governance system has been consistently rated by Transparency International as one of the most politically transparent and least corrupt governments in the world, but is also often being criticized for excessive interference in social issues.The article highlights how rapid socio economic transformation and quality of life was made possible through the ruling political party's PAP brave attempt to liberalize the economy and attract foreign capital through various measures. The pervasive role of government is visible in all aspects of economic life in Singapore making it classic example of the direct relationship between transparency and economic development.
The ideology of globalization and its practice based on neo-liberal paradigm has played a vital role in re-arranging the architecture of global economic and political order. Central to this new ...economic dispensation is a shift in the role of the state, particularly in its commitment towards the mass of the people from where it supposed to drives its strength according to democratic traditions. Supporters of Globalization often believes that inflow of foreign capital, advanced technology, market economy and the resultant economic growth will automatically take care of issues of social justice and equity. However these claims seem to be meaningless in the present global economic order based on wide disparities in power relations and resource distribution. There exists a dramatic paradox between the theoretical discourse on global economic growth and prosperity, and the naked reality of impoverishment, social exclusion and disempowerment affecting vast majority of marginalized groups in society. Against this background, the present paper seeks to explore the relationship among the three-core concept of Globalization, Nation state and Disempowerment in the context of neo liberal agenda and Indian states commitment to Structural Adjustment Programme. The paper doesn't criticize Globalization perse, but try to project how global integration follows high social cost, especially in the absence of stable, effective and efficient economic base.
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