This post has been de-listed
It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.
Both Dubai and Singapore gov have an investment arm whose job is to keep an eye on well performing local and global firms and invest in their shares. These investments generate a lot of revenue for the respective governments.
In Dubai this investment arm is Dubai Investment Corporation and In Singapore its Temasek
In context of why nations fail, does this eliminate the need for an economic elite to financially support the political elite?
Its safe to assume that neither countries really have an economic elite else they wouldn't be so rich (Dubai no longer relies on oil anymore)
Subreddit
Post Details
- Posted
- 5 months ago
- Reddit URL
- View post on reddit.com
- External URL
- reddit.com/r/AskEconomic...