Swot or FDI analysis on Human Development Indext in International Essay

Swot or FDI analysis on Human Development Indext in International busines - Essay Example To support international business the government has had to create a number of policies that are in line with the HDI measures. Human development is supported by the ability of the population to access a variety of products and services affordably. Infrastructure is therefore key to human development (Ranis, Stewart, & Samman, 2006). Since the inception of international business by the Economic committee, international business has been designated as the lifeblood for economic growth of Singapore and the impact the same has on both the finance and the logistics sectors of this economy. The SWOT based on HDI in relation to international business include: Strength- Existence of attractive trade infrastructure hence a huge trader in world oil. There is wide connectivity in terms of business and physical location (Chowdhury, & Squire, 2006). Political stability is a key requirement for international business to thrive. Weaknesses are much unwelcome as they discourage FDI and global business in the long run: these include; less pool of local professionals in trade with costs such as rent and wages rocketing high. In addition there is limited access to capital and export credit insurance. The opportunities on the other hand are vast including the international access of markets and the increased liberalization of Asia as well as demand for risk management. We experience a few threats including other locations offering better incentives and an increase in direct trade. The increased access to international business has an impact on overall Human Development Index (HDI) as the population will be able to improve in terms of living standards given the trade in variety (Chowdhury, & Squire, 2006). Human development index is directly related to the strengths and opportunities presented by the access to international business. This is due to the fact that the