Singapore: Policy options for funding rising social spending

February 26th, 2018 by

The unveiling of the Budget for 2018 has triggered a healthy debate on how the likely pressures for more government social spending in Singapore should be funded. The government has proposed a two-percentage point rise

Get ready for more financial turbulence

February 11th, 2018 by

Sharp corrections in the prices of equities, bonds and commodities dominated the headlines recently as the exuberance of financial markets in the past few months gave way to volatility and uncertainty. Some argue that this

How serious is the threat of protectionism?

January 31st, 2018 by

US President Trump used his State of the Union speech to reiterate his hard-line views on trade, vowing that the “era of economic surrender is over” and that his administration would “fix bad trade deals”.

Why we should worry about rising interest rates

January 17th, 2018 by

Even as equity markets across the world soar to new heights, the bond market has been sending a less exuberant signal. Yields on US 10-year treasuries, a major benchmark rate used in financial markets, have

Singapore: 2018 looks good but what of the longer term?

December 18th, 2017 by

The past 12 months have been mostly kind to Singapore. The economy has regained some traction, and that has lifted the mood somewhat. Looking forward, we can say two things. First, the economic prospects in