Singapore system - good, bad and ugly

My friend has been invited to speak on several occasions at international conferences. His topic? The Singapore system - good, bad and ugly.

I asked him:

* what is good about the Singapore system?
* what is bad?

He shared his views with me. (But, I do not wish to quote him, without his permission.)

Here are my views about what is good with the Singapore system:

* low corruption
* meritocracy
* economic development
* efficiency
* stable and good government.

What is bad about the Singapore system?

I shall share my views in a few days time!