Singapore edged out Denmark, Finland, Switzerland and Norway, which were ranked second to fifth, respectively.Singapore has topped a ranking that tracks the effectiveness of more than 100 governments around the world for the second consecutive year.
The Republic slipped to second in financial stewardship, which looks at how governments acquire, allocate, and distribute public funds. The index is compiled by Chandler Institute of Governance, a non-profit organisation headquartered in Singapore.The index taps more than 50 publicly available global data sources, including from the United Nations, World Trade Organisation, World Justice Project and Yale University.
The institute said in the report that a test of good government has always been the ability to manage current conditions while preparing a country for what is to come.
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