Singapore has experienced rapid economic growth, significantly improving the living standards of its people since independence. This growth created a sharp divide in experiences between the wealthy and average citizens.
The government's strategy attracts high-value industries, making Singapore a highly investable environment. This stability fosters even more prosperity and helps maintain a strong economy.
Singapore's success shows how good governance and strategic economic policies can lead to impressive outcomes, though it raises concerns about value capture rather than creation in the region.