Tourism development in Singapore and Malaysia
In the modern times two forces have become very important in determining the growth and prosperity of nations. One is capitalism and the other is globalization. Globalization has opened up channels and markets between nations where previously strict barriers existed. Goods have found new markets and can be shipped anywhere in the world. Capitalism on the other hand provides an environment of competition where the economic growth of nations is dependent on the ideal utilization of resources, having access to the most economical markets and selling their own goods in the most profitable markets. This environment of competitiveness, greater Continue reading...