Singapore’s Economic Success: What Can We Learn?

Singapore's economic success

Singapore’s economic success has resulted in one of the richest economies in the world. The country has a real GDP per capita—an indicator of people’s standard of living—of US$59,797, while Argentina’s only reaches US$8,441 and Germany’s is US$45,723. The unemployment rate in Singapore hovers around 3%, almost reaching full employment. In turn, it is second […]