The economy of Singapore is a highly developed mixed market economy with dirigiste characteristics.[20][21][22][23] Singapore's economy has been consistently ranked as the most open in the world,[24] the joint 4th-least corrupt,[25] and the most pro-business.[26] Singapore has low tax-rates[27] and the third highest per-capita GDP in the world in terms of purchasing power parity (PPP)...
Alongside the business-friendly reputation for global and local privately held companies and public companies, various national state-owned enterprises play a substantial role in Singapore's economy. The sovereign wealth fund Temasek Holdings holds majority stakes in several of the nation's largest bellwether companies, such as Singapore Airlines, Singtel, ST Engineering and Mediacorp..."
"Singapore's public housing policy intervention has led to society-wide enjoyment of the right to adequate housing, with 85% of Singapore’s resident population living in public housing1. More than 850,000 housing units in 23 new towns have been constructed1. Singapore's public housing is located in new towns, in communities that are intended to be self-contained, with services nearby housing blocks, and is either owned by or rented to residents2. Lessee-occupied public housing is sold on a 99-year lease and can be sold on the private resale market under certain restrictions2
" a mixed economy may be variously defined as an economic system blending elements of a market economy with elements of a planned economy,[1] markets with state interventionism,[2] or private enterprise with public enterprise.[3][4] Common to all mixed economies is a combination of free-market principles and principles of socialism."
"Dirigisme or dirigism (from French diriger 'to direct') is an economic doctrine in which the state plays a strong directive (policies) role, contrary to a merely regulatory or non-interventionist role, over a market economy. As an economic doctrine, dirigisme is the opposite of laissez-faire, stressing a positive role for state..."
