Possibilities Singapore Plan in Aruba

ARUBA, CARIBBEAN HUB ensure Planning the Singapore Way Remo Kock MBA professionalclass International Marketing and Business Caribbean University, Aruba plow Beach, January 2005 1.0. Preface Summary The paper examines the possibilities for the Island of Aruba to make use of a economic master copy Plan to diversify its market. It focuses on issues like economic hub, logistics hub, experience economy, similarities of economies, captive insurance, as well as the viability of implementing a Master Plan, possible limitations and minimum requirements. In the discussion challenges and opportunities are assessed if victimization a Master Plan. The paper concludes that using a Master Plan could be a viable move toward a diversified economy for Aruba, taking into account that it result likely take 3 or 4 decennia to accomplish the goal, and that without a Master (policy) Plan, supported by all future governments, it will fail. Aruba as an Economic hub The relevance of discussing Aruba as a capability economic hub in the Caribbean, lies within recent statements of the Aruban Government which is tune for diversification of the economy.

According to the government, Aruba must diversify its economy, in show to lessen the risks related to a back fall in the tourist industry, which is currently the only economic pillar of the island. The photo of the tourism industry has become more than evident after(prenominal) the terrorists attacks of September 11th, that caused a massive decline in tourists flood tide to the Island. Focal points According to the Aruban Government there are 4 major focus points which can be used to interrupt the current economy into a more diversified economy, viz.: 1.Diversification of the existing tourism sector 2.Turning Aruba into a noesis Economy 3.Globalizing the Financial Sector of Aruba 4.Turning the local transportation and logistics facilities into a hub for Latin American countries to the USA and Europe. These factors were also... If you want to get a full essay, order it on our website: Ordercustompaper.com

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