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Singapore is a city-state, located in East Asia, and made up of 64 islands. It is one of the most economically and socially developed countries in the world, and has been independent since 1965.
Also called, "The Switzerland of Asia" because of its high quality of life, Singapore has experienced exceptional growth thanks to its particularly advantageous maritime position, which has allowed it to become a real financial and trade hub between the Pacific and Europe.
The economy of Singapore is primarily based on banking and financial services, the electronics industry, the Creative Technology, and the maritime sector; its port is ranked in the premier class in the world in terms of exports and oil.
In spite of past socio-economic problems, Singapore's political system has been remarkably stable since independence. It is regarded as an authoritarian democracy, and the city-state practices economic liberalism.
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