It is on these dimensions that Singapore could perhaps provide recipes for a crowded planet. Hitherto, little has been written about Singapore s recipes. The socio-economic policies of Singapore are difficult to characterize. They fit neither the capitalist nor the socialist paradigm. Instead, a healthy pragmatic spirit and an openness to innovation and experience characterize the approach of the government.
Food is cheap and plentiful because imports are encouraged from all over the world.
Singapore produces none at home, but the average worker can buy lunch for two to three US dollars. The average dwelling space per family is above the global average. Their investment in housing has paid off because the average flat has trebled in value over the past 10 years. The CPF scheme also enables most Singaporeans to save for medical expenses. The health system has moved away from full government subsidy to increasing co payment.