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Question K: If all of the world´s cultural heritage (sports, music, fashion, architecture, literature, painting, etc..) was contained in a time capsule, what would you include to demonstrate the legacy of your country? Aar$ Sharma

IE MBA Application-Essay K: Legacy of singapore

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Page 1: IE MBA Application-Essay K: Legacy of singapore

Question  K:  If  all  of  the  world´s  cultural  heritage  (sports,  music,  fashion,  architecture,  literature,  painting,  etc..)  was  contained  in  a  time  capsule,  what  would  you  include  to  demonstrate  the  legacy  of  your  country?  

Aar$  Sharma  

Page 2: IE MBA Application-Essay K: Legacy of singapore

   

The  prominent  aspect  of  Singapore  that  I  would  highlight  as  it’s  legacy  is  

it’s…  Success!  

Page 3: IE MBA Application-Essay K: Legacy of singapore

History  of  Singapore  Lets  take  a  brief  look  at  history  of  Singapore…  •  Singapore  is  a  South-­‐east  Asian  city  state.  •  It  lies  in  between  Malaysia  and  Indonesia.  •  It  consists  of  one  large  island  and  around  60  islets.  •  Singapore  was  founded  as  a  trading  post  of  the  East  India  Company  by  Sir  Stamford  Raffles  in  1819.  

•  In  1824,  the  en$re  state  became  a  Bri$sh  possession  transferred  to  East  India  Company.  

•  It  became  internally  self-­‐governing  in  1959.    •  It  gained  independence  from  Bri$sh  on  August  31,  1963.  •  There  was  a  merger  with  Malaysia  on  September  16,  1963.  •  Singapore  separated  from  Malaysia  on  August  09,  1965.    

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History  of  Singapore  •  Singapore  is  one  of  the  smallest  countries  in  the  world(it  is  the  2nd  smallest  country  in  Asia!)  with  an  area  of  around  714  square  kilometers…it  is  slightly  more  than  3.5  $mes  the  size  of  Washington  DC.  

•  Singapore  was  not  expected  to  succeed  because  the  country  has  always  been  challenged  with  several  big  limita$ons:  •  Space  •  Lack  of  natural  resources  •  Popula$on  of  immigrants  with  li]le  shared  history  

•  Despite  this  challenges,  we  have  grown  to  be  a  successful  and  relevant  country  in  the  world  in  just  over  50  years  because  we  truly  make  use  of  what  we  had-­‐its  strategic  loca$on  in  Asia  and  the  people  of  the  country.  

 

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Singapore’s  Success  •  Singapore’s  success  can  be  measured  in  several  methods  -­‐both  in  tangible  and  intangible  ways.    

•  Singapore  has  one  of  the  world’s  highest  GDP  per  capita.  It  is  one  of  the  wealthiest  countries  in  Asia.    

•  It  went  from  a  GDP  of  $500  to  $56,000*  in  the  50  years  since  independence  making  it  one  of  the  wealthiest  countries  in  the  world.  

       

•  Singapore  is  home  to  more  $US  millionaires  than  any  other  country  

*Sources:  h,p://www.singstat.gov.sg/sta7s7cs/browse-­‐by-­‐theme/na7onal-­‐accounts.  Current  prices  as  of  Feb  2015.    

   

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Singapore  is  the  world’s  4th  leading  Financial  Centre.                      

The  Port  of  Singapore  is  one  of  busiest  in  the  world.                    

•  Singapore  grew  to  become  one  of  the  eminent  centres  in  the  world  for  many  industries.    

•  This  was  due  to  the  government’s  business  friendly  policies  and  its  strategic  loca$on  in  both  South  East  Asia  and  in  Asia.  

     

Singapore  is  an  oil  hub  in  Asia  and  is  one  of  the  world’s  top  three  export  refining  centres.  

 

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 •  Singapore  has  a]racted  thousands  of  mul$na$onal  corpora$ons  ,  many  of  which  have  chosen  Singapore  as  their  Asia  Pacific  headquarters.    

 •  Singapore  embraced  global  firms  as  indispensable  sources  of  training,  technology  and  jobs,  and  has  become  a  site  of  choice  for  top  firms  serving  Asian  markets.    

 Accolades    

•  Singapore  has  consistently  ranked  number  1  in  the  world  by  the  World  Bank  for  ease  of  doing  business.    

•  Singapore  has  the  most  conducive  environment  for  business  as  compared  to  the  rest  of  its  neighbours  –  and  the  world.  Singapore  is  ranked  4th  in  the  world  and  1st  in  Asia  as  the  least  bureaucra$c  place  for  doing  business.    

•  Singapore  is  among  the  top  2  most  compe$$ve  countries  in  the  world.  •  Singapore  is  ranked  first  in  the  world  as  the  city  with  the  best  investment  poten$al.  •  Singapore  is  among  the  top  2  in  the  world  for  foreign  trade  and  investment.  •  Singapore  is  the  world’s  most  transparent  country.    •  Singapore  is  ranked  5th  in  the  world  and  1st  in  Asia  for  having  the  least  corrup$on  in  its  economy.  •  Singapore  is  ranked  2nd  in  the  world  and  1st  in  Asia  for  having  the  best  protec$on  of  intellectual  

property.  

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Lack  of  resources  paved  the  way  for  self-­‐reliance  •  Lack  of  natural  resources  did  not  stop  Singapore  from  being  self-­‐reliant  but  instead  became  a  driver  to  be  independent.    

•  For  example,  Singapore  imports  water  from  Malaysia  but  is  on  track  to  be  self  sufficient  before  the  water  agreement  contract  with  Malaysia  expires  in  2062.  It  will  generate  water  through  recycling  of  rain  water  and  other  water  sources  and  this  has  spawned  a  world  class  water  industry  in  Singapore,  thus  conver$ng  a  vulnerability  into  a  strength.  

•  Another  example    is  Singapore's  electricity  which  is    dependent  almost  totally  on  natural  gas  imported  via  pipelines  from  Malaysia  and  Indonesia.  Singapore  built  a  LNG  Terminal  to  enable  it  to  import  LNG  from  almost  anywhere  in  the  world  to  act  as  backup  supply  of  the  imported  natural  gas.  The  LNG  Terminal  is  also  being  used  as  the  plaiorm  for  an  LNG  trading  hub  for  the  region,  again  transforming  a  vulnerability  into  an  opportunity.  

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Standard  of  Living  •  Singapore’s  success  is  not  at  the  cost  of  its  environment  or  lifestyles  of  its  habitants.    

•  Singapore  is  both  a  digital  and  green  country-­‐a  feat  not  easily  achievable.    

•  Singapore  is  the  greenest  city  in  Asia,  its  green  cover  stands  at  47%  of  its  area.  In  fact  it  is  known  as  “Garden  City”!  

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•  It’s  Changi  Airport  is  consistently  rated  and  ranked  amongst  one  the  world’s  best  and  most  efficient  airports  

 

                     

 •  It  runs  one  of  the  world’s  best  airlines  

     Source:  World  Airport  Awards,  World  Airline  Awards  by  Skytrax  

•  Despite  the  high  tech  progress  and  civiliza$on  of  Singapore,  the  country  does  its  best  to  protect  its  indigenous  wildlife.    

•  30  per  cent  of  the  island's  territory  are  nature  reserves,  and  the  world's  biggest  orchid  park  finds  its  home  in  Singapore.  Only  in  the  city  park  are  there  more  species  of  trees  than  in  the  whole  of  North  America.  

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•  In  terms  of  gender  equality,  Singapore  is  one  of  the  first  na$ons  to  actually  achieve  gender  equality.  Women  have  a  huge  say  in  every  sector  of  the  economy,  and  they  occupy  high  managerial  posi$ons.  The  so  called  "glass  ceiling”  does  not  really  exist  in  Singapore.    

•  Singapore  passport  allows  its  ci$zens  to  travel  to  almost  any  country  in  the  world(163  countries)  without  a  Visa.  

•  Singapore  is  one  of  the  happiest  countries  both  in  Asia  and  the  world.  

•  Singapore  is  one  of  the  safest  countries  and  ci$es  in  the  world.  

•  Singapore  is  also  one  of  the  most  peaceful  countries  in  the  world.    

•  Singapore  has  been  named  No.  1  in  the  world's  most  comprehensive  educa$on  rankings.    

•  Singapore  has  the  best  medicine  and  public  healthcare  in  Asia.  

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 The  success  of  Singapore  is  due  to  its  greatest  resource….the  people  and  the  

mul$racialism  of  the  people  

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Education  •  Singapore  is  primarily  a  knowledge  and  service  based  economy  where  one  can  find  the  brightest  people  with  the  right  skill  set.  

•  We  have  a  literacy  rate  of  97%.    •  Most  locals  below  the  age  of  40  speaks  English  due  to  our  educa$on  system.    

•  Singaporean  educa$on  is  highly  qualita$ve  and  affordable,  and  combines  several  types  –  those  of  Asia,  America  and  Europe.  

•  Majority  of  Singapore’s  schoolchildren  receive  an  ethnically  integrated  and  na$onally  standardized  English-­‐medium  educa$on.    

•  Meritocracy  is  a  central  poli$cal  concept  in  Singapore  and  is  also  one  of  the  messages  in  Na$onal  Educa$on  which  means  equal  opportunity  for  all,  according  to  their  ability  and  effort.  

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•  Singapore  is  known  as  a  place  where  different  ethnic  groups  live  together  and  that  too  with  peace  and  without  strife.  

•  Much  of  the  credit  for  this  must  go  to  the  Singapore  Government’s  posi$ve  espousal  of  a  morality  based  on  ‘Mul$racialism’.  

•  Mul,racialism  is  a  concept  or  ideology  that  promotes  a  society  composed  of  various  races,  while  accep$ng  and  respec$ng  different  cultural  backgrounds.  It  is  a  society  that  consists  of  a  diverse  mix  of  people,  whether  it  be  rela$ve  to  their  ethnicity,  language,  culture,  religion,  or  tradi$ons.  

•  Singapore  does  not  have  any  indigenous  popula$on  but  it  was  made  up  of  a  popula$on  of  immigrants  from  India,  China,  Malaya  with  li]le  shared  history.    

Culture  of  Singapore-­‐Multiracial  

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•  The  culture  of  Singapore  is  a  amalgama$on  of  Asian  and  European  cultures,  influenced  heavily  by  Bri$sh,  Dutch,  Portuguese,  Malay,  South  Asian,  East  Asian  and  Australian  cultures.  

•  Singapore  Culture  does  not  refer  to  a  new  blend  or  novelty  but  refers  simply  to  an  agglomerate  formed  of  the  separate  Chinese,  Malay,  Indian,  and  European  cultural  tradi$ons.  

•  In  Singapore,  our  culture  is  known  as  “rojak”-­‐a  local  salad  which  is  a  mixture  of  different  kind  of  fruits,  vegetables,  nuts.  

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•  Singapore  has  a  diverse  populace  of  nearly  5.5  million1  people  which  is  made  up  of  Chinese,  Malays,  Indians,  Caucasians  and  Eurasians  (plus  other  mixed  groups)  and  Asians  of  different  origins.    

•  In  addi$on,  42%  of  Singapore's  populace  are  foreigners2,  which  makes  it  the  country  with  the  sixth  highest  propor$on  of  foreigners  worldwide.  

         Popula7on  structure  of    Singapore3  

           Source:  1,2,3-­‐  h,p://www.singstat.gov.sg/docs/default-­‐source/default-­‐document-­‐library/publica7ons/publica7ons_and_papers/popula7on_and_popula7on_structure/popula7on2014.pdf    

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•  Singapore  is  the  world’s  most  religiously  diverse  na$on1  

                         Source:  1-­‐Study  done  by  Pew  Research  Centre.  Singapore  scored  the  highest  on  the  Religious  diversity  index  

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•  About  a  third  of  Singapore’s  popula$on  is  Buddhist  (34%),  while  18%  are  Chris$an,  16%  are  religiously  unaffiliated,  14%  are  Muslim,  5%  are  Hindu  and  <1%  are  Jewish.  The  remainder  of  the  popula$on  belongs  to  folk  or  tradi$onal  religions  (2%)  or  to  other  religions  considered  as  a  group  (10%).  

                         •  Religion  is  s$ll  an  integral  part  of  cosmopolitan  Singapore  and  people  have  the  absolute  freedom  to  prac$ce  their  religion  and  respec$ng  one  another’s  religion  is  a  cornerstone  of  the  Singaporean  culture.  

Buddhism,  33.30%  

Not  Religious,  17%  

Islam,  14.70%  

Protestan$sm,  11.30%  

Taoism,  10.90%  

Catholicism,  7.10%  

Hinduism,  5.10%  Other  Religions,  0.70%  

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We  study  in  ethnically  integrated  schools              

•  Mul$racialism  is  embedded  in  all  aspects  of  our  lives  in  Singapore  and  not  just  seen  in  the  diversity  of  people.  

We  live  in  ethnically  diverse  neighbourhoods                

We  have  absolute  freedom  to  celebrate  all  the  different  fes$vals  be  it  Chinese  New  Year,  Buddhist  Vesak  Day,  Muslim  Eid  ul-­‐Fitr,    Hindu  Diwali  or  Christmas  Day  and  Good  Friday.    

       

 

Singaporean  cuisine  is  also  a  prime  example  of  diversity  and  cultural  diffusion  in  Singapore.  Over$me  we  have  embedded  aspects  of  different  cultures  and  have  developed  our  own  unique  dishes  which  cannot  be  found  anywhere  else.            

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•  Singapore  has  come  a  long  way  since  independence  50  years  ago  despite  the  limita$ons  it  faced.  

•  Its  one  of  the  greatest  success  stories  not  only  because  of  its  economic  and  non-­‐economic  gains  but  also  because  it  has  taught  the  world  that  peace  and  prosperity  can  exist  amongst  people  from  different  racial  and  cultural  backgrounds.    

•  Singapore’s  story  will  go  down  in  history  as  one  of  paramount  importance  because  it  was  guided  by  one  overarching  mentality-­‐meritocracy.  Equal  opportuni$es  for  all  regardless  race,  religion  or  creed.    

•  It  can  teach  the  world  especially  the  one  we  live  in  today  where  in  many  places  we  see  strife  because  of  race  and  religion.    

•  The  people  of  Singapore  who  belong  to  different  races  and  religion,  our  ability  to  embrace  one  another  has  made  us  what  we  are  today  and  this  is  our  legacy…..  

 

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THANK  YOU!  

Aar$  Sharma