新加坡外国直接投资的因素和影响外文翻译.doc

新加坡外国直接投资的因素和影响外文翻译 外文翻译 原文 Some Determinants And Effects Of FDI In Singapore Material Source: Asia Pacific Journal of Management Author: Donald J. Lecraw INTRODUCTION Singapore, a small, open newly industrializing country NIC, has relied heavily on international trade, finance, and foreign direct investment FDI for its economic development. There has also been a significant amount of outward foreign direct investment by firms based in Singapore. Singapores economic growth and structural change have been in large measure due to inward and outward FDI and international trade Singapore has the most open economy in the world. In 1982, gross exports were 150 per cent of gross domestic product GDP and eight times manufacturing value added. In the same year gross fixed investment by multinational enterprises MNE was almost $S6 billion, equal to one third of GDP, the highest share of any country in the world. Singapore, an island city state with a population of 2.4 million, received 2.2 million tourists in 1982, and was a major transportation, communication, finance and trade centre for South and Southeast Asia In general, the government of Singapore has implemented its overall development strategy through the private enterprise market system and devoted its efforts to influencing the macro-economic environment --tariffs and non-tariff barriers to trade, the exchange rate, taxation, savings, the investment climate, finance, labor relations and wages, human resources and infrastructure development so that private enterprises would be attracted to invest in industries in which Singapore had a comparative advantage and the private sector could successfully fulfill the central role it had been given. Many government economic policies have been consciously designed to follow a Japanese-style development strategy in that they try to anticipate the trends in Singapores factor and product markets to facilitate and accelerate economic restructurin