#mas

Singapore: Government Structure — The Westminster Model, the MAS, and State Capitalism Done Right

The governance system of Singapore represents one of the most intriguing and highly debated institutional designs in modern political economy. To the casual observer, Singapore appears to operate as a standard Western democracy: it has a written constitution, a parliamentary system modeled on Great Britain's Westminster framework, and regular, multi-party elections that have been held without fail since the country achieved self-rule in 1959.