While an impending leadership change in Singapore portends short-term policy continuity, it could lead to a snap election and may signal that the ruling party's monopolistic political leadership is gradually waning. On April 15, Singaporean Prime Minister Lee Hsien Loong announced that he would step down in favor of his chosen successor, Deputy Prime Minister and Finance Minister Lawrence Wong, who will become the country's fourth prime minister since 1965. The transition is set for May 15. After the transfer of authority, Wong will lead the ruling People's Action Party, or PAP, in preparation for the city-state's next general election, which is due by November 2025. Lee will serve as a senior minister in Wong's Cabinet following the handover....
