![]() Singapore is dependent on other countries for gaz, oil and agriculture. In fact, Singapore is a magnet city that attracts people from everywhere.ĭespite its economic development, Singapore has many drawbacks. Singapore has one of the world’s highest per capita incomes. It has an economic powerhouse international political and financial leaders, high quality of schools, public service, Furthermore, it has a very good health care system, which resulted in an increase of life expectancy. For example, there are two different sides of the city: the old Singapore with the old architectural houses such as Chinatown and the modern Singapore with its financial district and many skyscrapers. The contrasts can be easily found all over the city. ![]() Singapore's different culture and multicultural heritage makes it a city with a lot of contrasts. The city is equipped with all the modern transport systems: airports, train stations, ports, etc. This has a made the population dense and the majority is young.įinally, Singapore has built on its advantageous geographical location to become one of the world’s top transportation hubs for sea and air cargo. Currently, foreigners in Singapore make up a third of its total workforce. The economic development has attracted many people from China, Malaysia, Europe and America. Computer technology, advanced information management, and telecommunications have contributed to the rise of this city. Singapore is a wealthy city and it plays a key role in the international financial sector. Its strategic location in South Asia makes it an ideal space of economic and financial exchange between the continents. ![]() It fulfills many of the characteristics of a global city: wealthy, diverse, connected, and creative. Singapore plays an important role in the global economic system. SINGAPORE: A GLOBAL CITY AND A PLACE OF POWER
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