The research is done by MasterCard Worldwide Research ?
How did the research arrive at its conclusion ? Do you have any
details ?
Was it done from the perspective and interests of MasterCard
Worldwide in the number of card holders that subscribed to their
services, or from the turnover in MasterCard revenues generated
from transactions made by Cardholders ?
With Singapore being reputed as second to Japan in terms of
personal income, should this come as a surprise ?
Perhaps, the No 2 spot may have also included the highest number
of credit card defaulters, as well as successful bankruptcies
concluded ?
What was Singapore ranking in the suicide rates as a result of
the personal financial mismanagement due to credit card abuse ?
dear discerning fellow singaporeans of this great country,
index is compiled from research by a
panel of 8 independent economic, urban development and
social-science experts from leading academic and research
institutions around the world.........
To form the Index, the panel identified 75 cities around the world that met their
initial criteria. Cities were then rated on seven key dimensions as follows:
to gain deeper insight, pls
go into source:
http://www.mastercard.com/us/company/en/newsroom/pr_MasterCard_Worldwide_Research_Highlights_Growing_Role.html