NTU Engineers and Society

7/25/2019 NTU Engineers and Society

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Globalisation, Dual Iden

& Global City of Distinc

Presented by: KyaHtu Co Aun


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http://www.sharonleightonconsultancy.co.uk/wp-content/


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Globalisation: 20thCentury

#ringing the world closer

#etter world wide co$$unication

%$peccable &ow/$assi'e sharing o( in(or$a


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Globalisation: 21stCentury )ultidi$ensionality

2 'ariables in *+%

*o clear and co$$only accepted de,nition

! co$$only accepted di$ensions o( globalisat

cono$ic political and cultural

http://www.transitioning.org/200/0/2/globalisatio


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Globalisation: 21stCentury

+lobalisation is a process o( growing interaction interdependence between econo$ies societies anations across large distances.1

Petra u"ako'ic

http://ruralreporters.co$/globalisation-interconnectedness-and-the-dig


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Globalisation: 21stCentury

Interconnectedness Interdependence/Interaction among countries and economi

Interchanging ideas, products, capital, services, labour and

aspects of culture

http://www.$tdtraining.co$/blog/the-e3ects-o(-globalisation-on-business.ht$


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http://www.ti$eso($alta.co$/articles/news/globalisation-increasing-despite-

Role ofglobalisationin Singapores

!cono"yde#elop"ent


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Singapores !cono"icDe#elop"ent: 1$%0s Labour-intensive economy

Entrepot trade

Massive unemployment (19!"

Intensive industrialisation

E#$ setting up

http://www.in'oiceplace.co$/blog/20/05/06


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%apital-intensive economy

&esolved unemployment problem

'igh-tech manufacturing industries

$eginning of globalisation in ingapore

Singapores !cono"icDe#elop"ent: 1$0s

http://www.ultra-electronics.co$/7ploads/#usiness%$ages/)othe


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)ro*th of economy in modern industries

cience, technology, I+

ignificant globalisation process

oreign investments, labour, epertise (.ME+s"

%o-establishments of institutions of technology

or0force training programmes (local/overseas"

Singapores !cono"icDe#elop"ent: 1$'0s


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$eginning of 0no*ledge/Investment based economy

)ro*th of , I+, automation, computer high-tech ele

Innovation hub as *ell as economy hub in E2

Electronics contribution in the country3s )#.

1141 5 of total )#. gro*th

6748 5 of total manufacturing output

Singapores!cono"icDe#elop"ent: 1$$0s

https://topicdiscussion


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'igh-tech electronics eportation

&2Ms, I% chips, *afers

ervice Industries

inancial consultants

Info-comm

+ransportation and storage

Role of Globalisation: GD(Gro)th +9P 206 9epart$ent o(


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oreign #irect Investment (#I"

145 increase (:;1"

Role of Globalisation: InternatiIn#est"ents

#irect Investment 2

1:475 increase (:

+9P 206 9epart$ent o( tatistics ingapore


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Lo* to semi-s0illed *or0force

Inepensive labour

$i-directional flo* of .ME+s

or0force training programme, seminars

Role of Globalisation: *abou+o#e"ent )i


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Role of Globalisation: ouris"


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Su""ary: Globalisation inSingapores !cono"y De#elop"

)#. gro*th

Increased international investments

Labour movement

+ourism


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Globalisation: -ub of S!.

Innovation hub %o-establishments of , international competitions

Economy hub

%entre of trade

Education hub

orld-class universities


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Singapore: /here Cultures +

#ritish


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Singapore: . Global CityHigh-skilled people

9i'erse ethnic population

+lobal linkages

Physical in(rastructure

%n&uence in international political a3airs

Cos$opolitan outlook


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niueness of Singapore: Didentity

>nly island city-state

+lobal city in the heart o( outheast Asia


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.d#antages

@cellent national securityasy to $anage borders

%$$igration control

*o countryside threats

https://sudhirt'.co$/202/2/4/rei$agining-thar$ed-(orces-and-national-ser'ice/


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.d#antages

9e'elop$ent as a whole nation+lobal city as well as global nation


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.d#antages?esilience

Adaptability to changing conte@ts

?esistance to sudden shocks

ast reco'ery to a desired eBuilibriu$

el(-perpetuating

+reat &e@ibility in policieshttps://s-$edia-cache-ak0.pini$g.co$/!@/5D/(/a/5D(a0cc!."pg


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Singapore: etter Global Cit

till a work-in-progress;wo critical reasons

+eographic space

ocial issues


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4bstacles


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4bstacles


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4bstacles

?ising standard o( li'ing%ncreased costs o( li'ing and operation

)*Cs shi(ting operations to lower-cost locations

?etrenching and increased une$ploy$ent rate

'en locals ha'e to pay a high price

http://www.2!r(.co$/photo824525D8rising-arrow-breaking-&oor-tea$work-co


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4bstacles

ocial challengesoreigners co$peting with locals (or "obs and space

Political and social discontent$ent


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4bstacles

>'er-reliance on its $anu(acturing industriesulnerable to negati'e econo$ic conditions in other

@a$ple: ingaporeGs +9P declined during the ,nan

o( 200/200D


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Challenges

7nsustainable $anpower)igration o( ingaporeans to other countries

*o guarantee o( (oreign talentsG stay


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Challenges

Ageing population9eclining birth-rate

http://ole'elgeog.blogspot.sg/202/04/singapores-derate.ht$l


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Challenges


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Challenges

%$pro'e$ent o( other sectors such as sports a

entertain$ent entrepreneurship

;rans(or$ing ingaporeGs econo$y into knowle

based econo$y


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9ual identity o( ingapore can considered as an obstacle to inga

beco$ing a better global city


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