I'm greatly impressed...
http://www.theglobalist.com/storyid.aspx?StoryId=9657
http://www.theglobalist.com/storyid.aspx?StoryId=9657
Singapore's approach to policymaking is not based on any of the usual "isms" so beloved of intellectuals. The two "isms" that perhaps best describe Singapore's approach are pragmatism (an emphasis on what works in practice rather than abstract theory) and eclecticism (a willingness to adapt to the local context best practices from around the world).
Equally — if not more importantly — government policies have been strongly guided by the application of market principles. Be it in industrial policy, medical insurance, congestion pricing, social security, regulation of utilities, or allocation of land, Singapore has assiduously applied market mechanisms and price signals.