How does Singapore have so much influence despite being so small?

There are some countries in the world that may be small in either land, population or both compared to other countries in the world, but they have a lot of influence over the global economy. This may be because they are a rich country even though they are small. It could also be because they produce a product or crop that is only grown or produced in that area.

For instance, the Middle East is known for oil. However, Singapore has a distinct reason for having so much power and influence. This is because starting in the 1960s, they joined forces with three other Asian countries which are Taiwan, South Korean, and Hong Kong. These countries became a trading power and that is how Singapore’s economy grew.