pap-nomics
when the income inequality between a singapore minister and an average worker is the highest in the world: the ratio of a minister’s pay—a member of the people’s action party (pap)—to an average worker’s pay is about 60:1.
singapore ministers only solve a fraction of the wicked problems faced by their peers in other developed countries, yet earn three to four times more than them—that’s pap-nomics, which arguably shields overpaid ministers from corruption.
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