Singapore manages peace and security by diversifying its economy, nurturing small and medium enterprises, venturing abroad, expanding its market reach through economic cooperation, and managing its resources efficiently. It attracts foreign talent, promotes entrepreneurship, and ensures continuous learning among its workforce. Singapore also manages its limited land and environmental resources through careful planning, cooperation with international organizations, and public education programs.

1. SOCIAL STUDIES - SEC 3
CHAPTER 6: MANAGING PEACE AND SECURITY
Singapore’s Strategies To Overcome Challenges (Globalisation)
Factor Explanation Elaboration
Diversifying The 1. Singapore aims to promote technology-intensive and high valued-added 7. By diversifying the economy, it will reduce
Economy manufacturing activities in the electronics and chemical engineering field. Singapore’s dependence on a single
industry.
2. TNCs like Seagate are encouraged to set up operations here.
8. Should any sector slow down, the other
3. Many research institutes have been set up to undertake research in different
sectors can continue to function.
areas of Life Sciences.
9. Thus, the Singapore economy remains
4. Singapore aims to be a regional hub for services such as education and
stable, which is important to enable
tourism.
economic development.
Education Tourism
5. International universities 6. Two integrated resorts are being built in Marina
have been encouraged Bay and Sentosa.
to set up branches in
Singapore.
Nurturing Growth 1. SMEs play an important role in Singapore’s economy as they make up a large 4. Nurturing growth of SMEs promotes
of SMEs percentage of the businesses. Singapore’s economic development as it will
generate employment for the country.
2. They provide jobs for Singaporeans and support the operations of the TNCs, so
many TNCs are attracted to set up businesses here.
3. The Assosication of SMEs was set up in 1986 to encourage the growth of it.
Venturing Abroad 1. This is achieved through regionalisation, investing on countries nearby that 4. Helps to open up new markets and
have abundant land, low labour costs and new markets. investment opportunities.
2. In China, Singapore provides expertise and capital to develop the Suzhou 5. Ensures our economy can remain stable
Industrial Park. In return, they provide land and labour to Singapore companies. even if industry in a particular region is
weakened.
3. Such co-operation promotes development in the region.
PAGE 1 OF 3

2. SOCIAL STUDIES - SEC 3
CHAPTER 6: MANAGING PEACE AND SECURITY
Factor Explanation Elaboration
Expand Market 1. Singapore has a small market due to its small population. 4. Economic co-operation promotes friendly
Reach Through trade ties that brings about sustained
2. To help local companies sell their goods to larger markets, there is a need to
Economic- economic development as Singapore faces
establish trade ties with surrounding countries.
Cooperation stronger competition.
3. Examples include signing the Free Trade Agreements (FTAs) with countries like
ASEAN, Japan and India.
4. Also, setting up of Special Economic Zones (SEZs) in Indonesia.
Managing Developing People Promoting Local Entrepreneurship and Technopreneurship
Resources
1. Needs more local entrepreneurs who are willing to take risks in business ventures.
Efficiently
2. They will thus be able to come up with new products to compete with foreign companies.
3. Bankruptcy laws are amended to promote entrepreneurship and recognition is given to successful
local entrepreneurs.
Promoting Continuous Learning Among Workforce
4. The Singapore Workforce Development Agency (WDA) ensures that the workforce remained
competitive through skills upgrading.
5. Example is the Employability Skills System (ESS) that help workers adapt to new job demands.
6. Skills Development Funds provides financial aid to employers to encourage them to upgrade skills
of workers.
Attracting Foreign Talent 1. To meet Singapore’s manpower needs.
2. Foreign Talent attracts overseas business contacts.
3. This helps create more business opportunities and jobs in Singapore and adds to the cultural
landscape of Singapore.
4. Even people who specialises in uncommon skills should be accepted.
PAGE 2 OF 3

3. SOCIAL STUDIES - SEC 3
CHAPTER 6: MANAGING PEACE AND SECURITY
Factor Explanation Elaboration
Managing The Environment Managing Limited Land Resources
1. Singapore is a small country and there is land constraint. Proper planning is needed for the use.
2. With careful planning, high quality of facilities can be built and this enables Singaporeans to enjoy
a good quality of life and ensure that Singapore can sustain in a globalising world.
3. Land is also allocated to waste disposal, like Pulau Semakau. Sungei Buloh Wetland Reserve and
Jurong Island as a Chemical Hub.
Co-operation With Regional And International Organizations
4. Singapore takes an active role in solving regional and international environmental problems.
5. She has worked with countries to look into global environmental problems.
6. She is also one of the countries that signed an international agreement that restricts the use of
harmful ozone depleting substances like Chlorofluorocarbons (CFCs).
Public Education
7. Singapore must adopt environmentally-friendly ways and have a sense of responsibility to keep the
surroundings clean.
8. Students in schools are encouraged to recycle. An example is the “Clean and Green Week”.
9. Activities include exhibitions, seminars and workshops.
10. There is also the “Bring Your Own Bag Day” program to help save plastic bags.
PAGE 3 OF 3