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The World Bank is currently advising newly industrialized countries on how to encourage growth and they have asked for your help.

  • Using the Internet, library and/or other resources, research and briefly explain 2–3 methods currently being used to encourage economic growth for the typical firm in Hong Kong and for the typical firm in Singapore.
  • Which of these methods of encouraging growth would you suggest for the typical company in Hong Kong and Singapore? 
  • Explain the rationale for your choice.