Oct 06, 2021 · Improving the efficiency of trade is a key component of development and poverty reduction. The World Bank works to make the global trading system more rules-based, predictable, and supportive of development. It also works with developing countries to improve their access to international markets and strengthen the competitiveness of their firms.

Apr 09, 2019 · Singapore is a high-income economy with a gross national income of US$54,530 per capita, as of 2017. The country provides one of the world’s most business-friendly regulatory environment for local entrepreneurs and is ranked among the world’s most competitive economies.. In the decades after independence, Singapore rapidly developed from a low …