Wikipedia says that Singapore is the best trade center in Asia and one of the best in the world. It also has the best credit and the best markets. Socially, it's a bit repressive, but it is apparently doing very well economically.
Of course, without much data the argument is useless. It would be interesting to see a pile of charts comparing scientists and engineers in politics to economic success; with only three or four data points it's a a toss-up.