Weder and Brunetti believe that the growth of a nation is communicate by the intensity of her political competition and democracy unneurotic with the dependability and excellence of her government institutions (Weder & Brunetti , 2000). As such, when the Peoples Action Party formed the government of Singapore in 1959, Corrupt Practices Investigation Bureau (CPIB) was set up to keep back corruption so that its economies would function effectively. (Asher, 1994). With CPIB, the government was successful in positioning Singapore as one of the most corruption-free countries in the world in terms of the honesty of the countrys governance (Haque, 2004).
Moreover, with regards to international negotiations, the policies and strategies that government embarks on are to a fault influenced by the quality of institutions in the country (Hamilton-Hart , 2003). For example, after quad years of negotiations, Singapore managed to sign a maritime terminal point agreement with Indonesia in 2009 (Ganesan, 2010).
Like most countries, the Singapore government is the main source and provider of infrastructures necessary for the countrys festering and the creation of a safe and encouraging purlieu for extraneous investment (Grice & Drakakis-Smith, 1985; Teo & Ang, 2001). Besides providing good infrastructure, the government in addition formed numerous institutions that were held and managed by the state for the purpose of development and growth of the nation (Haque, 2004). In order to attract foreign investment, the government not only created a favorable environment, they likewise implemented programs such as Industry 21, along with tax incentives to gain inward...If you want to get a full essay, order it on our website: Orderessay
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