private developers in China, US and Singapore. Such eminent domain has attracted substantial academic discussions in the U ….S. and China but they have all missed a crucial aspect of the issue by merely focusing on the takings aspect. As dictated by … eminent domain that the rent-seeking behavior and abuses can be nipped in the bud. Here, a new model based on the Singapore en …

The city-state of Singapore is a rare case of market autocracy. The government systematically suppresses political … governing body: the Cabinet of Ministers. At the same time, Singapore has highly liberal markets: low taxes, few regulations …, I argue that a small coalition of elites has, through the use of Singapore’s sovereign wealth funds, established a wide …