The Economic Model of Singapore, Germany and Poland

Singapore's GDP per capita since independence has grown over 125 times to become a high-income nation, rarely in the history of humanity has a nation travelled the path from poverty to riches so quickly or completely, but how did Singapore do it? What are the secrets to Singapore's success?Germany is the fourth largest economy in the world, with the largest export surplus though it's easy to forget that as the federal republic of Germany entered the 21st century it was known as this sick man of Europe, averaging a GDP growth rate of just 1.2 percent per year between 1998 and 2005. How did Germany turn it all around to become something of an economic outlier amongst developed economies? To answer this, we must first look at Germany 70 years ago, why did post-war West Germany matter?Poland, the polish economy has just had probably the best 20 years in its economic history, excluding 2020 of course. Recording the fastest growth in Europe, being the only European economy to avoid a recession following the 2008 financial crisis, and outperforming other post-communist nations to become the first to reach developed status. However, it's fair to say that Poland often receives less attention than it deserves, despite regularly being touted as Europe's growth engine. This raises all sorts of questions like: how has Poland done so well? Why under 26-year-olds pay less income tax? And whether, as some have suggested, it can catch up with Germany's average income by 2040?

Author: Malik Hill

Publisher: Independently Published

Publication Date: Feb 15, 2021

Number of Pages: 160 pages

Binding: Paperback or Softback

ISBN-10: NA

ISBN-13: 9798709569492