You are here Singapore takes top spot in the Elite Quality Index 2021 International political economy ranking from the University of St. Gallen provides insight on national elite systems, and their expected value creation in a post-COVID world 24 May 2021 Singapore, 24 May 2021 (Monday) – The Elite Quality Index 2021 (EQx2021) seeks to measure the way in which elites globally contribute to the development of their societies. It specifically measures the economic and political power of elites and evaluates how the elites enable or impede economic and political growth. The means by which elites create or extract value can help determine the business opportunity, growth and development of a nation.