that low cost? It might be peaceful, but that was just a sheer of luck. When a country disintegrate, the risk is very very high, because no one is in control.
The reason that Singapore is doing quit well, is not that special. However, that kind of government is not scalable. It works well in a small country, in this case, Singapore which is smaller than the city I live in. However, it will not work in countries like China, not even Taiwan.