The efforts of policymakers to build a world-class start-up ecosystem are showing signs of success, but it may be too early to form conclusions about entrepreneurship’s contribution towards Singapore’s economic reinvention.
Much of Donald Trump’s first six months as US president has been characterised by his irrepressible soliloquies on Twitter. Though his irreverent tweets attract more ridicule than respect – with …
As countries around the world rush to build smart cities, we have reasons to believe that these high-tech urban architectures harbor critical digital vulnerabilities. Will these countries be adequately prepared to deal with large-scale cyberattacks going forward?
Singapore’s policymakers have had to balance the economy’s need for immigrants with negative public sentiment towards the influx of these newcomers. Its experience serves as a good learning point for other countries facing similar issues.
Studies have not been able to conclusively prove that structural change drives economic growth. In his paper Structural change and economic growth: Empirical evidence and policy insights from Asian economies, Dr Vu Minh Khuong of the Lee Kuan Yew School of Public Policy at the National University of Singapore proposes a new measure of structural change that can deepen our understanding of how the phenomenon influences economic growth.
By design, the ASEAN Economic Community (AEC) has approached integration with an eye on creating headroom for its hyper diverse and rapidly expanding economies to grow. That has meant embracing pragmatism and flexibility—power is decentralized and there is no one-size-fits-all policy. It’s worked thus far: analysts project the union could become one of the world’s four largest economies by 2050.