Peculiarities and results of economic Politics in Singapore: Recommendation (Experience) for Belarus : Master’s Thesis / Xue Yan; Faculty of Economics; Department of International Management; Scientific supervisor Catherine Gospodarik

Abstract

Objective:The purpose of the work is to study the economic policy of Singapore and the possibilities of applying Singapore's experience in the Republic of Belarus.The object of study - the economic policy of the Republic of Singapore.The subject is the specifics and universality of Singapore’s economic policy and development in the global economy. The relevance of the study is due to the fact that: 1) At this stage of development, when many countries stand in the way of modernization and reform, the specific experience of Singapore attracts attention due not only to its features, but also to the preliminary results of modernization, which has put this state among the top five world leaders in many respects. 2) The experience of carrying out the economic policy of Singapore is of great interest, based on the real achievements of Singapore in the shortest possible time by historical standards in the context of comparing the Singaporean model with reforms in the countries of the post-Soviet space and other countries. The main functions of the economic policy of the state, despite the selected elements, include: - ensuring the rule of law in the country as a whole, without which the effective functioning of any sphere of public life, including economic; - guarantee of compliance by all members of society, including market participants, the generally accepted "rules of the game»; - creation and support of infrastructure on the basis of which the country's economy should function effectively; - creation and maintenance of a social background that contributes to the normal functioning of the economy.