The Singapore Model

The Singapore Model refers to Singapore's approach to governance, economic development, and social policy that has contributed to its rapid transformation into a global financial hub. This model emphasizes strong government intervention in the economy, a focus on education and skills development, low taxes to attract investment, and strict law enforcement to ensure safety and stability. Additionally, it promotes a mix of capitalism and social policies to ensure housing, healthcare, and education are accessible. Overall, the model balances economic growth with social harmony, making Singapore one of the most prosperous and livable countries in the world.