Monday, December 28, 2009
The Singapore Solution
People like to call Singapore the Switzerland of Southeast Asia, and who can argue? Out of a malarial swamp, the tiny island at the southernmost tip of the Malay Peninsula gained independence from Britain in 1963 and, in one generation, transformed itself into a legendarily efficient place, where the per capita income for its 3.7 million citizens exceeds that of many European countries, the education and health systems rival anything in the West, government officials are largely corruption free, 90 percent of households own their own homes, taxes are relatively low and sidewalks are clean, and there are no visible homeless people or slums.
If all that, plus a typical unemployment rate of about 3 percent and a nice stash of money in the bank thanks to the government's enforced savings plan, doesn't sound sweet to you, just travel 600 miles south and try getting by in a Jakarta shantytown.
Read the rest of the article on National Geographic Magazine