Economic Growth in Hong Kong Business Plan

Pages: 2 (595 words)  ·  Bibliography Sources: 2  ·  File: .docx  ·  Topic: History - Asian


Economic Growth in Singapore:

In addition to the robust economic growth in the recent past, Singapore has been characterized by various structural changes. Some of the methods used to stimulate economic growth for these firms include & #8230;

Technological Progress:

With the rapid structural changes coupled by the depreciating rate of human capital, technological progress is used as one of the methods of stimulating economic growth for firms in Singapore (Thangavelu & Wei, 2006). The country has been trying to increase its technological progress rate because it has realized that its level of economic growth cannot be sustained by increasing inputs into production. Since there is creation of new jobs that require different skills from the traditional jobs, the development of technology-specific skills through technological advances is used as a strategy for stimulating economic growth.

Motivation of Continuous Learning:

Motivation of continuous learning is used as a strategy for encouraging economic growth in Singapore to improve professionalism and employability of the workforce. As firms are encouraged to use this technique, it enables their employees to acquire new skills to meet the new requirements of the changing business requirements. This method is utilized because Singapore's labor market is dominated by an aging workforce population that can't meet the demands of the rapidly changing business environment.


Download full Download Microsoft Word File
paper NOW!
Kwong, S.K. (n.d.). Productivity and What It Means to Hong Kong. Retrieved from Hong Kong

Policy Research Institute Limited website:

TOPIC: Business Plan on Economic Growth in Hong Kong Assignment

Thangavelu, S. & Wei, Y.Y. (2006, July0). Aging and Economic Growth: Issues Relevant to Singapore. Retrieved from National University of Singapore website:
NOTE:  We realize that this preview is short, but the Microsoft Word file that you download will contain all 2 page(s) of perfectly formatted text.


Two Ordering Options:

Which Option Should I Choose?
1.  Download full paper (2 pages)Download Microsoft Word File

Download the perfectly formatted MS Word file!

- or -

2.  Write a NEW paper for me!✍🏻

We'll follow your exact instructions!
Chat with the writer 24/7.

Industrialized Countries Growth Research Paper

Urban Economics Research Proposal

Integration of Hong Kong and China's Economies Term Paper

Financial Crisis 2008 Threat or Opportunity for Banks in Hong Kong Dissertation

Relationship Between Population Growth and Economic Development Term Paper

View 200+ other related papers  >>

How to Cite "Economic Growth in Hong Kong" Business Plan in a Bibliography:

APA Style

Economic Growth in Hong Kong.  (2011, November 5).  Retrieved December 6, 2021, from

MLA Format

"Economic Growth in Hong Kong."  5 November 2011.  Web.  6 December 2021. <>.

Chicago Style

"Economic Growth in Hong Kong."  November 5, 2011.  Accessed December 6, 2021.