The main reason Hong Kong’s fellow ‘little dragon’ has surpassed it is because Singapore’s leaders, starting with Lee Kuan Yew, have shown more interest in real long-term solutions.
Lee Kuan Yew is considered the founding father of modern Singapore. Born Harry Lee Kuan Yew in September 1923, he governed Singapore over three decades and oversaw its separation from Malaysia, transforming it from a relatively underdeveloped British colonial outpost with no natural resources into a "First World" Asian Tiger. His People's Action Party won eight back-to-back electoral victories until he stepped aside in 1990. Lee stepped down from government in 2011. Lee died on March 23, 2015.