Major challenges await Singapore after the election

Singapore is holding a general election on 11th September and there is little doubt that the People’s Action Party (PAP) will once again be returned to power. Nevertheless, the PAP will want to improve on its performance in 2011, when it received its lowest share of the popular vote since independence as rapid immigration and the rising cost of living hurt the government’s standing with the electorate. How it deals with these challenges will have major implications for Singapore’s economy over the coming years.