During the 1997 Financial Crisis, while most of its neighbouring economies were sliding, Singapore’s remained relatively stable. The country also weathered the 2008 global financial crisis and in fact emerged as one of the world’s fastest growing economies in 2010; a time when the developed economies of US and Europe were still struggling with the aftermath of the crisis. This is despite the fact that Singapore has no natural resources and a very small land area. The economy is driven by (a) exports in electronics manufacturing and machinery, (b) financial services, (c) tourism, and (d) the world’s largest cargo seaport.