The World Bank

The World Bank

The World Bank is currently advising newly industrialized countries on how to encourage growth and they have asked for your help.

Using the Internet, library, or other resources, research and briefly explain 3 methods currently being used to encourage economic growth in Hong Kong and Singapore.

How have Hong Kong and Singapore incorporated private sector growth and international trade in their development strategies?

Which of these methods of encouraging growth would you suggest for a developing country?

Explain the rationale for your choice.

………………………..Answer preview…………………..

Introduction of new technology is one of the methods being used to encourage economic growth in Hong Kong and Singapore. Exposure to the technological era has led to many opportunities for economy growth. First world countries are always ready to improve ways of living standards and introduce new products……………………..

APA

293 words