Late Lee Kuan Yew was right when he said that new businesses require new skills, which in return require more vocational and academic training for the workforce.
Any country aspiring to follow the Asian model of economic development must invest in human capital formation.
Any country aspiring to follow the Asian model of economic development must invest in human capital formation.
Hong Kong under the British, UAE, and Singapore are 3 perfect examples of how certain nations can arbitrage on the inefficiencies which exist in their neighbourhoods.
All three examples serve as a binding case study in #Geospatial #Economics and complex #Agglomeration Benefits
All three examples serve as a binding case study in #Geospatial #Economics and complex #Agglomeration Benefits
Look at the #City, in the UK!
Are the English-born bankers?
How did they manage to develop a major global financial centre over the last two hundred years?
Let's see how Brexit will affect the mystique which surrounds London as a major financial hub
Are the English-born bankers?
How did they manage to develop a major global financial centre over the last two hundred years?
Let's see how Brexit will affect the mystique which surrounds London as a major financial hub
Also, study the example of Bahrain.
It became synonymous with Islamic Banking and Finance in particular and overall financial services in the GCC Region, because it got washed with liquidity coming from other Arab Sheikdoms.
Hence, proximity works wonders in economic development
It became synonymous with Islamic Banking and Finance in particular and overall financial services in the GCC Region, because it got washed with liquidity coming from other Arab Sheikdoms.
Hence, proximity works wonders in economic development
Although Ferdinand Marcos was corrupt, his nation, the Philippines was an economic hub way ahead of Singapore, and other nations in the early 1970s.
All top multinational banks and other companies were doing great business in that place.
Sad to see the demise ;(
All top multinational banks and other companies were doing great business in that place.
Sad to see the demise ;(
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