+ Visit Cardiff FC for Latest News, Transfer Gossip, Fixtures and Match Results |
https://sovereignwales.com/constitution/ https://sovereignwales.com/declaration/
https://sovereignwales.com/declaration/ This paper work could make this work outside the EU and far from Bankrupt. Same party's to vote just new constitution.
England is 1.8 Trillion pounds in debt, surely Wales could do better than that?
Malaysia and Indonesia are just a few miles away, nothing stopping them undercutting Singapore And most of that 40% of world trade is just passing by, not offloading. Singapore's success is in technology, financial services and education, among other things. The major reason it all happened was the appointment of a single minded leader. That and the fact that they had no other choice.
Most of that entrepot activity is bringing in raw materials to produce goods for export.
And you must be reading a different history to me because this is the Singapore I am talking about :-
Economy History
Upon independence from Malaysia in 1965, Singapore faced a small domestic market, and high levels of unemployment and poverty. 70 percent of Singapore's households lived in badly overcrowded conditions, and a third of its people squatted in slums on the city fringes. Unemployment averaged 14 percent, GDP per capita was US$516, and half of the population was illiterate.
In response, the Singapore government established the Economic Development Board to spearhead an investment drive, and make Singapore an attractive destination for foreign investment. FDI inflows increased greatly over the following decades, and by 2001 foreign companies accounted for 75% of manufactured output and 85% of manufactured exports. Meanwhile, Singapore's savings and investment rates rose among the highest levels in the world, while household consumption and wage shares of GDP fell among the lowest.
As a result of this investment drive, Singapore's capital stock increased 33 times by 1992, and achieved a tenfold increase in the capital-labor ratio. Living standards steadily rose, with more families moving from a lower-income status to middle-income security with increased household incomes. During a National Day Rally speech in 1987, Lee Kuan-Yew claimed that (based on the home ownership criterion) 80% of Singaporeans could now be considered to be members of the middle-class. However, much unlike the economic policies of Greece and the rest of Europe, Singapore followed a policy of individualising the social safety net. This led to a higher than average savings rate and a very sustainable economy in the long run. Without a burdensome welfare state or its likeliness, Singapore has developed a very self-reliant and skilled workforce well versed for a global economy.
Singapore's economic strategy produced real growth averaging 8.0% from 1960 to 1999. The economy picked up in 1999 after the regional financial crisis, with a growth rate of 5.4%, followed by 9.9% for 2000. However, the economic slowdown in the United States, Japan and the European Union, as well as the worldwide electronics slump, had reduced the estimated economic growth in 2001 to a negative 2.0%.
The economy expanded by 2.2% the following year, and by 1.1% in 2003 when Singapore was affected by the SARS outbreak. Subsequently, a major turnaround occurred in 2004 allowed it to make a significant recovery of 8.3% growth in Singapore, although the actual growth fell short of the target growth for the year more than half with only 2.5%. In 2005, economic growth was 6.4%; and in 2006, 7.9%.
As of 8 June 2013, Singapore's unemployment rate is around 1.9% and the country's economy has a lowered growth rate, with a rate of 1.8% on a quarter-by-quarter basis—compared to 14.8% in 2010.
The fact that, after 500 years of Westminster rules, Wales' economy isn't strong enough is a strong reason FOR independence, rather than against it.
Very good point, the way the Welsh economy is set up very little wealth remains in Wales.
Analysis of our road networks show a great similarly to other parts of the world that have been bled dry by a more powerful neighbour.
Westminster spent on Wales in the form of benefits, but that just keeps Wales poor, and much of that money flows out of Wales.
They have never spent enough on transformative projects that would develop the Welsh economy and keep more wealth in Wales. At least the EU did some of that
Ireland haven't had much in the way of natural resources and they've been doing ok, if they were still being controlled by Westminster do you think their GDP per capita would have overtaken the UK's?
I mean they like to pretend that peat is a natural resource, and we all kind of go along with that, like when the Beatles put one of Ringo's songs on an album, but deep down everyone knows it's just shit.
Energy is the 21st century resource, we have the capacity to create so much renewable energy it's mad. An independence wales could, for example, have built the swansea lagoon years ago. Our coastline is so long, there are almost endless possibilities for tidal energy.
We also export hundreds of millions of litres of water. There's serious money to be made from that too.
Transport infrastructure is awful I agree, it needs to be bettered. Currently, the UK government are taking their time to electrify the western line (without even thinking about the valleys line). Birmingham had electric rail lines 100 years ago.
That's correct. So bad is our image, the film about Gareth Thomas has made him out to be irish! I'd recommend listening to this podcast, it's about the Welsh image in film across the world.
[QUOTE=Wales-Bales;4727015]Most of that entrepot activity is bringing in raw materials to produce goods for export.
So most of the entrepot activity is entrepot activity. Good lord
You are overlooking the fact that I am using Singapore (similar small population) as an example of a country that sought independence from an economic union with a much larger partner, and against all odds they made a success of their country, even though when they started out they didn't have a lot to piss in. They didn't even have any water or arrable land!
I'm not sure why you keep going on about this maritime bollux, as it's clearly got nothing to do with the chances of success for an independent Wales, if they were to break from the current economic union with a much larger partner