Singapore most successful?lol please,just because we had a decade of artificially inflated growth which had no other reason other than related to the rapid increase in population growth?
not to mention singapore's growth is totally unsustainable,as u can tell from the history of the stock market,all periods of boom and bubble is usually followed by a cycle of bust......Singapore's growth has ponzi characteristics.....first the increase in population leads to an increase in consumer demands,housing demands and transport demands,these leads to an increase in business to fulfill that demand which leads to an increase in jobs,which leads to an increase in demand for manpower....which leads to more immigration and increase in population....like a endless cycle.....however how long can this carry on?we have already experience an population density which is unbearable,a significant rise in cost of consumer goods,significantly inflated property prices and coe prices.....this is suicidal growth at the expense of inflation....
also i object against economic success as being the sole indicator for "failed state"......singapore is a failed state in every other sense other than monetary.
accumulating wealth is not that hard to do,especially in a small country.....understanding the philosophy and ideology and sociology and psychology behind good governance and building a society that is the hardest of all.
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