Singapore’s business elites are by far the highest value creators on the planet according to the Elite Quality Index 2021

Singapore is ranked #1,

The city state’s business elites are by far the highest value creators on the planet according to the Elite Quality Index 2021.

The Elite Quality Index (EQx) is a political economy index that measures the ability of the elite business models in a country – on aggregate – to create value, rather than to extract value.

The index examined 151 countries across four conceptual areas to determine the quality of the elites in any given country. These are: Economic Power, Economic Value, Political Power and Political Value.

Switzerland is ranked 2nd in the EQx Global Ranking, followed by UK in 3rd position.

The U.S. defends its rank (5th) and shockingly Germany falls from 3rd place in 2020 to 15th in 2021. Israel made the largest gains in the EQx2021 moving up a global rank to 7th.

Surprise 1: Elites are a mathematical certainty; they are inevitable
Surprise 2: Elites supply essential coordination capacity to society
Fact 1: Elites can be high-quality value creators
Fact 2: Elites can also be low-quality value extractors