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elections: last held 2 January 1997 (next to be held by 2002) election results: percent of vote by party--PAP 65% (in contested constituencies), other 35%; seats by party--PAP 81, WP 1, SPP 1 Judicial branch: Supreme Court, chief justice is appointed by the president with the advice of the prime minister, other judges are appointed by the president with the advice of the chief justice; Court of Appeals Political parties and leaders: general] International organization participation: APEC, AsDB, ASEAN, Australia Group (observer), BIS, C, CCC, CP, ESCAP, G-77, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IFC, IFRCS, IHO, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, ISO, ITU, NAM, OPCW, PCA, UN, UNCTAD, UNIKOM, UPU, WHO, WIPO, WMO, WTrO Diplomatic representation in the US: chief of mission: Ambassador CHAN Heng Chee chancery: 3501 International Place NW, Washington, DC 20008 consulate(s): New York Diplomatic representation from the US: chief of mission: Ambassador Steven J. GREEN embassy: 27 Napier Street, Singapore 258508 mailing address: FPO AP 96534-0001 Flag description: two equal horizontal bands of red (top) and white; near the hoist side of the red band, there is a vertical, white crescent (closed portion is toward the hoist side) partially enclosing five white five-pointed stars arranged in a circle Economy Economy--overview: Singapore has an open economy with strong service and manufacturing sectors and excellent international trading links derived from its entrepot history. Extraordinarily strong fundamentals allowed Singapore to weather the effects of the Asian financial crisis better than its neighbors, but the crisis did pull GDP growth down to 1.3% in 1998 from 6% in 1997. Projections for 1999 GDP growth are in the -1% to 1% range. Rising labor costs and appreciation of the Singapore dollar against its neighbors' currencies continue to be a threat to Singapore's competitiveness. The government's strategy to address this problem includes cutting costs, increasing productivity, improving infrastructure, and encouraging higher value-added industries. In applied technology, per capita output, investment, and labor discipline, Singapore has key attributes of a developed country. GDP: purchasing power parity--$91.7 billion (1998 est.) GDP--real growth rate: 1.3% (1998 est.) GDP--per capita: purchasing power parity?$2
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