Singapore the 4th most connected country: McKinsey study

[SINGAPORE] A lesson learnt well by Singapore over the years is that to prosper it needs to be a global hub for flow of goods and services. New research by McKinsey Global Institute (MGI) shows that this has paid off.

The Republic ranks fourth in the world in terms of connectedness and is identified as one of six major cities which are hubs for all types of cross-border flows. The top three nations are Germany at No 1 followed by Hong Kong and the US. The report which comes out today is based on data from 2012.

The MGI Connectedness Index report tracks inflows and outflows (together called "flows") of goods, services, finance and people, as well as the underlying flows of data and communication that cut across all of them.