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Singapore’s success in transforming itself from a poor, vulnerable economy to one of the richest countries in the world (IMF, 2016) is nothing short of inspirational to many small economies around the globe. Given its lack of resources, Singapore relied upon foreign investors to fuel its growth not only through cash injection into the economy in the form of Foreign Direct Investments (FDI) but also to help upgrade its skills and technological stock. This study looks at how Singapore inspired many Multi-National Corporations (MNCs) into pouring a large sum of investments into this small ailing citystate and if this idea can be generalized to apply it in other economies, especially in Oman.
In a bid to explain the large flow of Capital into an economy, this study moves on further to review most prominent literature in the field since Macdougall (1958) first laid the groundwork for the subsequent theories on FDI. Based on the review of several previous studies, the most significant determinants of FDI were found to be government policy and political stability, inflation rate as a proxy for economic stability, quality of infrastructure and institutions, market size of the host country, openness to trade, tax policies and access to low cost factors of production.
Through a case study method with the inductive approach, this study finds that Singapore excels in all of the determinants of FDI except for the market size of the host country and access to low-cost factors of production. However, it more than compensates for these shortcomings with its strategic geographical location and numerous bilateral and regional trade agreements that give it access to markets around the region. Oman like Singapore ranks well in many of these determinants that make it a potential destination for investment. However, the sultanate could gain more interest from the MNC’s to help its growth by optimizing its policies to lower existing barriers, easing immigration laws to meet the short term skill shortage, allowing for 100 percent foreign ownership, allowing for more liberal property rights, working to improve corruption perception and opting for more trade agreements to give it easy access to larger markets. Moreover, the economy’s heavy reliance on hydrocarbon exports is seen as a major risk by investors as it creates an economic vulnerability which could potentially overshadow many other benefits of investing in the sultanate. Besides the aforementioned determinants, a lot also depends on the success of Oman’s diversification plans.
Die Belastungen und Anforderungen in der heutigen Arbeitswelt sind teilweise sehr gross. Faktoren wie Zeitdruck, Kostendruck, persönliche und externe Qualitätsan-sprüche, Schadensrisiko, Menge und Vielseitigkeit der Aufgaben, Führungsmängel etc. sowie eigene Einstellungen und Denkmuster erhöhen das Stresslevel bei vielen Angestellten unterschiedlichster Positionen. Ein aktueller Burn-Out Fall bei der TK CONSULT AG unterstreicht diese These. Gemäss aktueller Studien in der Schweiz liegt der volkswirtschaftliche Schaden (ohne Berufsunfälle, Berufskrankheiten, Inva-lidität und frühzeitiger Tod) bei ca. 4.2 Milliarden CHF, was ca. 1.2% des Bruttoin-landsprodukts der Schweiz entspricht (vgl. [2] S. ii). Des Weiteren zeigen verschie-dene Stressstudien, dass eine Zunahme der Stressbelastung stattfindet [1] [2]. Aufgrund dessen ist es sinnvoll, etwas gegen diesen Trend und die damit verbun-denen Kosten zu unternehmen.
Ziel dieser Thesis ist es, Massnahmen auf der persönlichen als auch der betriebli-chen Ebene zu erarbeiten. Diese sollen leicht verständlich und leicht umsetzbar sein.
Bei den persönlichen Massnahmen steht vor allem die Verbesserung des Selbst-managements durch eigene Zielsetzungen, Anpassung von eigenen Einstellungen und Denkmustern, Erholungsstrategien, Erweiterung der eigenen Kompetenzen und Verbesserung des Zeitmanagements im Vordergrund.
Bei den betrieblichen Massnahmen soll durch Mitarbeiterschulungen, Coaching, aktiver Gesundheitsförderung und Verbesserung der allgemeinen Arbeitsbedingun-gen eine Verbesserung der Stressbelastung erzielt werden.