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{"id":1367998,"type":0,"block_id":"khutchies_1373636567","theme_id":32,"user_id":121689,"path":"Role-of-State-in-Spores-Industrialisation","title":"ROLE OF STATE","pubtitle":"Role of State in S`pore`s Industrialisation","tags":"","public":true,"publicAccess":true,"private_link_enabled":0,"thumb":"https://s3-eu-west-1.amazonaws.com/infogram-thumbs-200/khutchies_1373636567.jpg","width":500,"copyright":null,"properties":{"social":"facebook","publishType":0,"transparent":false,"rtl":false,"export_settings":{"showGrid":true,"showValues":true},"whitelabel":false,"embed_button":"enabled","title_link":"infogram","custom_logo":"infogram","custom_link_url":"","embed_button_text":"Share","decimal_separator":".,"},"elements":[{"type":"particle","particle_id":15321268,"object_id":"a777c88c-ea8b-11e4-a037-7b5f270fdca9","particle_type":"maintitle","picture":null,"text":"ROLE OF STATE","content_type":"","title":null,"shrink":null},{"type":"particle","particle_id":1789798,"object_id":"khutchies1373636605","particle_type":"bodytext","picture":null,"text":"- Involved in the guidance of economic development towards rapid growth\n- Allocate capital resources to selected growth sectors \n- Maintain or create comparative advantages\n- Manipulation of exchange rates and maintenance of a low wage level","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":1789791,"object_id":"khutchies_1373636567","particle_type":"quote","picture":null,"text":"Impact of Globalisation","content_type":"","title":"weaken state's control over capital allocation & the private sector","shrink":null},{"type":"particle","particle_id":1789834,"object_id":"khutchies1373636978","particle_type":"bodytitle","picture":null,"text":"Singapore in the 60s","content_type":"","title":"","shrink":null},{"type":"chart","chart_id":2308510,"object_id":"khutchies_1373638669","chart_type_nr":21,"data":[[[],["Value","1"],["From","10"],["Title","Unemployment Rate"],["Hover text","10-12%"]]],"custom":{},"colors":["#ff414d","#e31307","#e37900","#e4ba51","#e3b786","#825846","#59392a","#564c30","#897d6e","#627c82","#93af8a","#a0ba5e","#63ba5e","#5ebab2","#6596b7","#b477ba","#473057","#bc416e","#c896af"],"dimensions":[],"modifier":0,"sheetnames":[],"sheets_settings":[]},{"type":"particle","particle_id":1789924,"object_id":"khutchies1373638017","particle_type":"bodytext","picture":null,"text":"- Singapore was a third-world nation\n- Poor infrastructure and limited capital.\n- Low-end commerce was the mainstay of the economy\n- Handful of industries that existed produced only for domestic consumption\n- No room for direct foreign investment","content_type":"","title":"","shrink":null},{"type":"chart","chart_id":2308371,"object_id":"khutchies_1373637387","chart_type_nr":23,"data":[[["US$320","GNP per capita","downPath",""]]],"custom":{},"colors":["#aa126b","#e31307","#e37900","#e4ba51","#e3b786","#825846","#59392a","#564c30","#897d6e","#627c82","#93af8a","#a0ba5e","#63ba5e","#5ebab2","#6596b7","#b477ba","#473057","#bc416e","#c896af"],"dimensions":[],"modifier":0,"sheetnames":[],"sheets_settings":[]},{"type":"chart","chart_id":2308406,"object_id":"khutchies_1373637821","chart_type_nr":3,"data":[[[],["Literacy Rate ~ 60%","60"],["","40"]]],"custom":{},"colors":["#339bd6","#c5c5c5","#e37900","#e4ba51","#e3b786","#825846","#59392a","#564c30","#897d6e","#627c82","#93af8a","#a0ba5e","#63ba5e","#5ebab2","#6596b7","#b477ba","#473057","#bc416e","#c896af"],"dimensions":[],"modifier":0,"sheetnames":[],"sheets_settings":[]},{"type":"particle","particle_id":1790041,"object_id":"khutchies1373639066","particle_type":"quote","picture":null,"text":" ","content_type":"","title":"As a newly independent country in 1965 with no natural resources, Singapore as an infant nation faced much uncertainty.","shrink":null},{"type":"particle","particle_id":1790243,"object_id":"khutchies1373640090","particle_type":"bodytitle","picture":null,"text":"Economic Devt. Board (EDB)","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":1790076,"object_id":"khutchies1373639256","particle_type":"bodytext","picture":null,"text":" Singapore Economic Development Board (EDB) was established with a budget of $100 million to take on the challenge of convincing foreign investors that the country was a good place for business.","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":1790377,"object_id":"khutchies1373641187","particle_type":"bodytext","picture":null,"text":"- Identified PC, printed circuit board and disc drive manufacture as important sunrise industries","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":1790393,"object_id":"khutchies1373641280","particle_type":"bodytext","picture":null,"text":"To spur growth of local businesses, EDB set up Small Enterprise Bureau in 1986 ","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":1790053,"object_id":"khutchies1373639134","particle_type":"bodytitle","picture":null,"text":"Jurong Industrial Park","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":1790066,"object_id":"khutchies_1373639182","particle_type":"image","picture":"https://s3-eu-west-1.amazonaws.com/infogram-particles-700/khutchies_1373639182.jpg"},{"type":"particle","particle_id":1790069,"object_id":"khutchies1373639198","particle_type":"bodytext","picture":null,"text":"To create job opportunities following the massive unemployment and labour unrest, an environment conducive to industrial development had to be formed.","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":1790144,"object_id":"khutchies1373639444","particle_type":"bodytext","picture":null,"text":"- Labour intensive industries: factories producing garments, textiles, toys, wood products and hair wigs. \n\n- Capital and technology-intensive projects: companies such as Shell Eastern Petroleum and the National Iron and Steel Mills.\n\nE.g. Texas Instruments invested $6m in a production line in Singapore","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":1790175,"object_id":"khutchies1373639623","particle_type":"bodytitle","picture":null,"text":"Export-Oriented Industries","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":1790163,"object_id":"khutchies1373639556","particle_type":"bodytext","picture":null,"text":"Issues such as the lack of raw resources that once came from Malaysia and rapidly growing local demand had to be tackled. \n\nEDB opened its first overseas centres in Hong Kong and New York to be better placed to attract foreign investors. To push Singapore’s agenda as a business hub, more EDB offices were set up in Europe, USA and Asia.","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":1790273,"object_id":"khutchies1373640363","particle_type":"bodytitle","picture":null,"text":"Workforce Training","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":1790278,"object_id":"khutchies1373640388","particle_type":"bodytext","picture":null,"text":"- Overseas Training Programme and Joint Government Training Centres: Tata of India, Philips of Holland and Rollei of Germany\n\n- To place young Singaporean workers in apprenticeship programmes for the exchange of knowledge and skills.","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":1790306,"object_id":"khutchies1373640707","particle_type":"bodytext","picture":null,"text":"EDB co-establishing institutions of technology with Japan, Germany and France to meet the specialised manpower needs of high-technology industries.","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":1790331,"object_id":"khutchies1373640899","particle_type":"quote","picture":null,"text":"S'pore: Total Business Centre","content_type":"","title":"Policies to maintain global competitiveness","shrink":null},{"type":"particle","particle_id":1790299,"object_id":"khutchies1373640620","particle_type":"bodytitle","picture":null,"text":"R&D","content_type":"","title":"","shrink":null},{"type":"chart","chart_id":2308970,"object_id":"khutchies_1373641757","chart_type_nr":23,"data":[[["S$13 BILLION","set aside for the next 5 years","",""]]],"custom":{},"colors":["#71933b","#e31307","#e37900","#e4ba51","#e3b786","#825846","#59392a","#564c30","#897d6e","#627c82","#93af8a","#a0ba5e","#63ba5e","#5ebab2","#6596b7","#b477ba","#473057","#bc416e","#c896af"],"dimensions":[],"modifier":0,"sheetnames":[],"sheets_settings":[]},{"type":"particle","particle_id":1790314,"object_id":"khutchies1373640772","particle_type":"bodytext","picture":null,"text":"Science Park was set up next to the National University of Singapore to stimulate R&D activities by the private sector. \n\nRobot Leasing Scheme was established to offer low-cost financing and technical consultancy to manufacturers who wanted to automate their operations.\n\nNational Research Foundation set up for national research and innovation strategies\n\nNew focus on environmental and water technology, biomedical sciences and interactive and digital media.","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":1790533,"object_id":"khutchies_1373642323","particle_type":"image","picture":"https://s3-eu-west-1.amazonaws.com/infogram-particles-700/khutchies_1373642323.jpg"},{"type":"particle","particle_id":1790341,"object_id":"khutchies1373640966","particle_type":"bodytitle","picture":null,"text":"Moving up the Value Chain","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":1790339,"object_id":"khutchies1373640951","particle_type":"bodytext","picture":null,"text":"High-wage policy to accelerate the move away from labour-intensive industries and the attraction to high-technology industries\n\n-ve: wage bills swelled as the world slipped into an economic slowdown and Singapore slid into a recession.","content_type":"","title":"","shrink":null},{"type":"particle","particle_id":1790425,"object_id":"khutchies1373641514","particle_type":"quote","picture":null,"text":" Intensifying use of technology","content_type":"","title":"Shift of focus from manufacturing to strengthening key industries; Service sector became engine for growth","shrink":null}],"theme":{"createdAt":"2016-04-22T04:54:07.000Z","updatedAt":"2016-12-28T10:33:53.000Z","logoImages":[""],"charts":{"table":{"shapeFill":"e84f2c","headerColor":"#6f6f6f","cellColor":"#6f6f6f","headerBackground":"#eeeeee","cellBackground":"#ffffff"},"treemap":{"labels":{"name":{"fontFamily":"PT Sans Narrow","fontWeight":"700"},"value":{"fontFamily":"PT Sans Narrow"}}},"wordcloud":{"labels":{"fontFamily":"Arial","fontWeight":"700"}}},"color":{"bg":"#ffffff","text":"#000000","chart":{"bg":"transparent","text":"#7d7d7d"},"element":{"bg":"transparent","text":"#000000"}},"colorPresets":[],"localFonts":[],"font":{"common":{"fontFamily":"PT Sans 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