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Globalisation - politics and governance - Coggle Diagram
Globalisation - politics and governance
state actors - national interests
government
sovereignty
seeking to repel / deter / withstand external influences on domestic politics
e.g. avoiding war, which would result in heavy losses of resources
state actors hence look to bolster their military power
Singapore's military strength - ranked 51 out of 138
defence
Singapore constantly feels that we are vulnerable to global developments (e.g. Covid-19 and its impact on our economy, in terms fo job loss, standard of living, etc.) --> REALIST
no natural resources; only has manpower
as Vivian Balakrishnan, minister of Foreign Affairs, mentioned: SG has a permanent status as a small state in the large dangerous world and tough region
stick out like a sore thumb in the ASEAN region in terms of demographics
social contract
non-state actors
non-governmental organisations
corporates
LIBERALISM - the recognition that state actors and non-state actors can still work together for mutual benefit
DIPLOMACY
email exchanges, teleconferencing
summits, treaties
helping increase efficiency and knowledge of overseas officials (image of generosity - cement connections with other countries - soft and political power)
Civil Service College:
a college for government employees in Singapore
MNCs
presence in many countries --> more producers and consumers
requires regional HQs to facilitate businesses (regional network) --> SG more reputable in terms of efficiency as her strength --> overcome vulnerabilities
effectively use diplomacy to facilitate economic ties --> corporations take advantage of this strength to invest in Singapore
how has COVID further exposed Singapore's vulnerability?
tourism contributed to almost 18 billion of our economy last year (4.1%) --> tourism and support industries heavily hit
lacks resources
dependent on global economic developments (e.g. US-China relationships)
change in mode of operation --> to reduce over-reliance on global supply chains, to strengthen reliability of local supply chains
diplomacy, reaching out to other countries in times of Covid-19
multilateral ties (e.g. ASEAN)
assumption: as a multinational regional community, all countries have a similar outlook - in terms of economic outlook - would put in effort to fulfil the social contract, in terms of resource distribution
existing infrastructure might enable businesses to forge stronger supply lines
Singapore maintains her position as a
hub
because she meets such criteria
unilateral ties
e.g. [mid-Aug] Singapore welcomed New Zealand and Brunei to be incorporated into tourism scheme
(CHECK)