Why is Singapore so rich? || ⚪🔴 English Listening Practice ✅ || Graded Reader 🎧

Описание: Why is Singapore so rich? || ⚪🔴 English Listening Practice ✅ || Graded Reader 🎧

🇸🇬 How did a tiny island with no natural resources become one of the richest countries on earth?

Singapore is a global paradox. It is a small island nation with no natural resources, no agricultural land, and it even has to import fresh water and sand. Yet, its citizens enjoy higher average incomes than those in Germany, France, or Japan.

In today’s special episode of Journey English, I (Andrew) will take you on a deep dive into the "money-making machine" that is Singapore. We aren't just looking at the shiny skyscrapers; we are analyzing the 5 core pillars that built this financial empire:

Geography & Destiny: How they leveraged the "bottleneck" of the Malacca Strait.

The Human Factor: The corporate-style governance of Lee Kuan Yew.

FDI Strategy: The art of "rolling out the red carpet" for global tech giants.

Wealth Management: How Singapore makes its money grow via Temasek and GIC.

Adaptation: Moving from assembling TVs to mastering AI and Fintech.

This video offers a fresh perspective on economics, leadership, and the will to survive. Don't forget to turn on captions to follow along!

📚 KEY VOCABULARY IN THIS VIDEO:

Sovereign Wealth Fund: A state-owned investment fund

Bottleneck: A narrow section of road or sea where traffic is slowed down.

FDI (Foreign Direct Investment): An investment made by a firm in one country into business interests in another country.

To roll out the red carpet: To welcome someone with great hospitality.

Paradox: A situation that seems impossible or difficult to understand because it contains two opposite facts.
#Singapore #Economics #EnglishLeopard
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