Entrepôts, Global Trade and Economic Development

[kreslik.news]

On a flight between Singapore City and Kuala Lumpur, I remarked to the Singaporean businessman sitting next to me how elegant the Singaporean stewardesses looked in their native dress. He chuckled knowingly and pronounced that the airline staff were not from Singapore, but were from Malaysia. The women of Singapore do not aspire to be stewardesses he said, they aspire to be doctors and scientists.


Entrepôts of various things


I wish to extrapolate from this mind-opening experience. The entrepôts of Hong Kong, Switzerland, Dubai and Singapore serve a very useful purpose in global trade. I came to know this almost accidentally ... (read more)