M arina b ay Le arning Jou rne y S ocial S tu d ie s P roj ct e By: Marcus Cha Class:3S4
Principles of Good Governance 1) Leadership is key1) Leadership is the key3) Reward for work and work for reward4) Anticipate change and stay relevant6) A stake for everyone, opportunities for all.
Leadership is Key A good leader must be morally upright and capable of leading the country. One important value among leaders is honesty. An honest and capable leader will earn the respect of his people and people will be confident in the leader’s ability.
Anticipate change and stay relevant The government needs to be forward-looking in their decisions. For example, at Marina Bay, solar- powered fans were built due to the lack of resources in Singapore. Thus, the governement had to look for renewable sources of energy as a means to combat the lack of resources.
Reward for work and work for reward This is known as meritocracy. Meritocracy is a systen which rewards people based on their hard work and talent. When these people are rewarded for their work, they are encouraged to do even better. For example, students who perform well in co-curricular activities and studies are rewarded. Scholarships and bursaries are awarded to the top 10% of the school cohort. Meritocracy gives everyone an equal opportunity to achieve their best and be rewarded for their performance
A stake for everyone, opportunities for all This makes people have a sense of belonging to the country as they are involved in decision making that concerns Singapore’s development. For example, the casinos at Marina Bay. Some people were supportive of the casinos due to the boost in the tourism industry, however others did not approve of it as it can cause various bad habits such as gambling addiction. The government discussed based on the feedback that they had received from the people and came up with solutions to solve their concerns.
Impacts of the development of Marina bay Marina bay provided many various job opportunities for the peopl Marina bay has helped improve the economy of Singapore, boosting the tourism and business industries, increasing our total revenue and boosting our funding.
Marina Bay Sands With the casino complete, the resort features a 2,561- room hotel, a 1,300,000-square-foot convention- exhibition centre, the 800,000-square-foot The Shoppes at Marina Bay Sands mall, a museum, two large theatres, seven "celebrity chef" restaurants, two floating Crystal Pavilions, an ice skating rink, and the worlds largest atrium casino with 500 tables and 1,600 slot machines. The complex is topped by a 340m-long SkyPark with a capacity of 3,900 people and a 150m infinity swimming pool set on top of the worlds largest public cantilevered platform, which overhangs the north tower by 67m.
Foreign InvestmentsThere are Many Global brands found in the MBS shoppingmall, such as Chanel, Prada, Gucci, Louis Vuiton, Dior,Addidas and Armani Exchange. Globalisation and foreigninvestments in Singapore also improve our economy andincrease our total revenue.
Due to the rapid development and the increase in oureconomy and tourism, our reputation would thusincrease. This leads to a greater appeal among otherforeign investors and tourists, encouraging them tocome to Singapore to invest and tourists to come hereto relax.
Disadvantages Despite the many advantages that MBS entails, there are disadvantages which arise due to the casino. The casino would lead to an increase in the number of gamblers among Singaporeans, which would lead to societal unrest and a financial crisis among the gamblers. These gamblers might then find ways to cover their losses and gamble more such as borrowing from loansharks or via criminal methods. In conclusion, there would be unstability among Singaporeans as families and broken up due to gambling.