Singapore is a small country, just 278.6 square miles in size and the 176th largest country in the world. Established in 1965 when it won independence from Malaysian rule, Singapore has very little in the way of natural resources to develop. Yet despite its size and lack of natural resources, Singapore, with a population with less than 6 million is making waves all around the world in a number of fields. Some of the achievements that Singapore can boast:
- Singapore is ranked as having the most open economy in the world
- Singapore is ranked as being the 3rd most competitive country in the world
- Singapore is ranked as being the most ‘pro-business’ country in the world
- Singapore has been ranked as being the easiest country in the world to do business in for seven successive years
- Singapore is ranked 36th by the World Bank and IMF in terms of economic strength
It’s in the Education
But there is one achievement that Singapore leads the world in and is virtually peerless. According to the OECD ( Organisation for Economic Co-operation and Development), Singapore is the world leader in education.
As a country Singapore has an impressive 97.2% literacy rate, its teenagers have come first in the worldwide PISA tests for the last years running The Programme for International Student Assessment (Pisa) gives educational rankings centred on international tests undertaken by 15-year-olds in science, reading and maths, and Singapore is the world leader. So, how does a tiny country with no natural resources, dwarfed by the economic giants of China and Japan, produce such smart kids and such a bustling, thriving economy?
Singapore turned its weaknesses into its strengths. Without any oil, gold, gas or minerals to speak of, when Singaporean authorities turned to the only resource they could – human resources. The Singapore governments from 1965 onwards invested heavily into education, placing great emphasis on getting results. Currently 20% of its GDP is spent on education – both private and public. And that’s the thing, the Singaporean education system does not end when the school bell signals the end of the school day. Private tuition is big business in Singapore with one poll conducted in 2008, showed that an incredible 97% of students had private tuition outside of school.
The pressure to get the best exam results has seen a boom in private tuition especially in JC economics tuition. Economics tuition Singapore is massive, with parents willing to pay thousands of dollars to have their children privately tutored by a JC economics tutor. And it is not just the Singaporean parents willing to pay for the private tuition and the services of a good economics tutor. Singapore schools, universities and private tutors are popular with parents outside of Singapore. The best economics tutor Singapore can command thousands of dollars in fees. Teenagers from all around the world are being sent to Singapore to further their studies and benefit from JC economics tuition. So much so that in 2013, the Singapore government had to intervene as too many foreign students in Singapore universities meant that some Singapore teenagers were missing out on places in Singapore universities. in 2013, when government policy was enacted, 23.3% of all students at Singapore universities were foreign. By 2017, that number had dropped to 17.3%.
Singapore looks out for its children’s education, places huge priority on it and backs their education with hard investment. It’s children receive some of the best education the world and the result is an education system and an economy that is envied all around the world.
Want your kids to be smart? Either move to Singapore or send your kids to the schools and/or their private tutors. It works!