PETALING JAYA: Continuous monitoring and proper implementation of the relevant initiatives are key to ensuring an effective energy policy in the country.
Classical Liberal Policy Proposals for Singapore SHARE
Singapore is one of the great development success stories of our times, having risen from poverty to prosperity in just a couple of generations. Across a wide array of indicators of human well‐being, its global rankings are also at or near the top. Singapore achieved such progress by embracing high levels of economic freedom.
But it is also somewhat of a development puzzle. Its political system is authoritarian, and it limits civil liberties. High levels of economic freedom are correlated with high levels of personal freedom around the world, but in the Human Freedom Index, Singapore ranks 53rd in terms of personal freedom while ranking 2nd in economic freedom.