3 ms·
Most of the problems I was made aware of had to do with international trade, not domestic trade. One guy I met said he privately imported (some of) the goods n
by tpmx 3y ago
Most of the problems I was made aware of had to do with international trade, not domestic trade.
One guy I met said he privately imported (some of) the goods needed to build his home by containers from Europe because buying them locally was like double the price, because that meant buying them from essentially government-party-appointed resellers.
I obviously have no way of verifying the truth of that statement but you did ask.
- swyx 3y agoi mean thats gotta be a huge home because no way that economically makes sense if you think about it
- archibaldJ 3y agoso that was what you meant by corruption? like corruption not in the governmental and bribery sense but corruption by evading loosely-regulated law?
- unmole 3y ago> One guy I met said he privately imported (some of) the goods needed to build his home Someone having their own home built in Singapore would have to be extremely wealthy. And the fact that shipping goods from Europe made any kind of economic sense suggests these were luxury goods. So, yeah. I'm going to entirely discount this anecdote.
- jnaina 3y agoSingaporean here. Singapore has always be a free port. Anyone can setup a business and legally import items. There are no such thing as “government-party-appointed resellers”. Best to entirely disregard this anecdote.
- chanux 3y agoFWIW. https://www.academia.sg/academic-views/singapore-crony-capitalism-index-ranking/ https://www.academia.sg/academic-views/singapore-crony-capit...
- theonething 3y ago> I think Singapore is the number one indication that the corruption indices are bogus. You haven't even come close to supplying any real evidence to back this claim.